Prospect sets summer payouts

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

A July dividend of $0.110475 per share will have record date of July 31 and payment date of August 21. An August dividend of $0.110500 per share will have record date of August 29 and payment date of September 18. A September dividend of $0.110525 per share will have record date of September 30 and payment date of October 22.

For the 2nd half of 2013, the company's payouts exceeded NII by $8.8M, or $0.03 per share. Fortunately, the company had a war chest of $53.4M, or $0.26 per share - the cumulative excess of NII over dividends since the IPO ten years ago.

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