Business Context and Reporting Period
Company: Prospect Capital Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: August 29, 2017
Event Date: August 28, 2017
Context: This filing announces the release of financial results for the fiscal year ended June 30, 2017, and the declaration of monthly cash distributions for September and October 2017.
Key Financial Metrics
This Form 8-K serves as a notification of a press release (Exhibit 99.1) containing the detailed financial results. The filing text itself does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. Investors must refer to the attached press release for these figures.
Material Changes and Distributions
- Financial Results: The registrant announced results for the fiscal year ended June 30, 2017. Specific comparative data versus the prior period is not included in this filing text.
- Cash Distributions: The company declared monthly cash distributions to shareholders as follows:
- September 2017: $0.06 per share (Record date: September 29, 2017; Payment date: October 19, 2017).
- October 2017: $0.06 per share (Record date: October 31, 2017; Payment date: November 22, 2017).
Guidance, Outlook, and Risks
The filing text does not contain specific management commentary, forward-looking guidance, risk factors, or details on contingencies. These items are referenced as being contained within the press release (Exhibit 99.1) but are not detailed in the body of this 8-K.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated August 28, 2017) for specific fiscal year 2017 revenue, net income, and portfolio metrics.
- Verify the record and payment dates for the declared $0.06 per share distributions for September and October 2017.
- Check for any material changes in the company's investment strategy or risk profile detailed in the full press release.
- Confirm the company's liquidity position and debt levels as reported in the full financial results.