Prospect Capital (PSEC +2.2%) plans to keep its payout in place for the rest of the year,...

|About: Prospect Capital Corpora... (PSEC)|By:, SA News Editor

Prospect Capital (PSEC +2.2%) plans to keep its payout in place for the rest of the year, declaring monthly dividends of just over $0.11/share for September through December. The company notes the rates it pays on liabilities are locked in for many years, while the rates it receives on assets float - "providing upside to shareholders as interest rates rise." (PR)