Business Context and Reporting Period
Company: Prospect Capital Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: June 17, 2013
Event: Regulation FD Disclosure regarding the declaration of monthly cash distributions to shareholders.
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. It solely discloses the following distribution schedule:
- September 2013: 11.0225 cents per share (Record: Sept 30, 2013; Payment: Oct 24, 2013)
- October 2013: 11.0250 cents per share (Record: Oct 31, 2013; Payment: Nov 21, 2013)
- November 2013: 11.0275 cents per share (Record: Nov 29, 2013; Payment: Dec 19, 2013)
- December 2013: 11.0300 cents per share (Record: Dec 31, 2013; Payment: Jan 23, 2014)
Material Changes
The filing does not provide comparative financial data or material changes versus prior periods. It announces a sequential increase in the monthly distribution rate from 11.0225 cents to 11.0300 cents over the four-month period.
Guidance, Outlook, and Risks
Management Commentary: The registrant issued a press release (Exhibit 99.1) declaring the distributions.
Risks and Contingencies: The filing states that the information is furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor incorporated by reference into filings under the Securities Act of 1933, except as expressly set forth by specific reference.
Investor Verification Checklist
- Verify the exact record and payment dates for the declared distributions.
- Confirm the incremental increase in the distribution rate per month.
- Review the full text of the press release (Exhibit 99.1) for any additional context not included in the 8-K summary.
- Note that this filing does not contain audited financial statements or operational performance data.