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2023-10-24 19:16 PROSPECT CAPITAL PRESS RELEASE View all news Prospect Capital Announces September 2021 Net Investment Income of $ 0.21 and 3.2 % Increase in Net Asset Value per Common Share , and Declares Stable Monthly Cash Common and Preferred Share Distributions All amounts in $ 000's except per share amounts ( on weighted average basis for period numbers ) 11/08/2021 NEW YORK , Nov. 08 , 2021 ( GLOBE NEWSWIRE ) -- Prospect Capital Corporation ( NASDAQ : PSEC ) ( " Prospect " , " our " , or " we " ) today announced financial results for our fiscal quarter ended September 30 , 2021 . FINANCIAL RESULTS Net Investment Income ( " NII " ) Basic NII per Common Share Interest as % of Total Investment Income Net Income Attributable to Common Stockholders Basic Net Income per Common Share Distributions to Common Shareholders Distributions per Common Share Since Oct 2017 Basic NII per Common Share Since Oct 2017 Distributions per Common Share Since Oct 2017 Basic NII Less Distributions per Common Share Net Asset Value ( " NAV " ) to Common Shareholders NAV per Common Share Prospect Capital Corporation Net of Cash Debt to Equity Ratio ( ¹ ) Net of Cash Asset Coverage of Debt Ratio Unsecured Debt as % of Total Debt Unsecured and Non - Recourse Debt as % of Total Debt ( 1 ) Including our preferred stock as equity . CASH COMMON SHAREHOLDER DISTRIBUTION DECLARATION Prospect is declaring distributions to common shareholders as follows : Monthly Cash Common Shareholder Distribution November 2021 December 2021 January 2022 Record Date 11/26/2021 12/29/2021 1/27/2022 Quarter Ended September 30 , 2021 $ 81,369 $ 0.21 86.3 % $ 209,724 $ 0.54 $ 70,043 $ 0.18 $ 3.15 $ 2.88 $ 0.27 $ 3,943,263 $ 10.12 48.2 % 306 % 96.0 % 100.0 % Payment Date 12/23/2021 1/20/2022 2/17/2022 Quarter Ended June 30 , 2021 $ 73,229 $ 0.19 87.5 % $ 242,421 $ 0.62 $ 69,857 $ 0.18 $ 2.94 $ 2.70 $ 0.24 $ 3,808,477 $ 9.81 55.9 % 277 % 84.3 % 100.0 % Quarter Ended September 30 , 2020 $ 57,545 $ 0.15 92.6 % $ 167,746 $ 0.45 $ 67,861 $ 0.18 $ 2.34 $ 2.16 $ 0.18 $ 3,181,027 $ 8.40 69.8 % 247 % 88.6 % 100 % ||| Amount ( $ per share ) $ 0.0600 $ 0.0600 $ 0.0600 These monthly cash distributions are the 51st , 52nd , and 53rd consecutive $ 0.06 per share distributions to common shareholders . Prospect expects to declare February 2022 , March 2022 , and April 2022 distributions in February 2022 . Based on the declarations above , Prospect's closing stock price of $ 8.35 at November 5 , 2021 delivers to our common shareholders an annualized distribution yield of 8.6 % . Shareholders earned over a 70 % total return for the twelve months ended September 30 , 2021 if they participated in our dividend reinvestment plan ( also known as our " DRIP " ) , while non participating shareholders earned a 67 % return . We offer a 5 % discount to the market price of our common stock to shareholders who have elected to participate in our DRIP . Taking into account past distributions and our current share count for declared distributions , and since inception through our January 2022 declared distribution , Prospect will have distributed $ 19.14 per share to original common shareholders , aggregating over $ 3.5 billion in cumulative distributions to all common shareholders . https : //www.prospectstreet.com/News/news-details/2021/Prospect-Capital-Announces-September-2021-Net-Investment-Income-of-0.21-and-3.2-Increase-in-Net-Asset-Value-per-Common-Share-and-Declares-Stable-Monthly-Cash-Common-and-Preferred-Share-Dist ... 1/7