Business Context and Reporting Period
Company: Prospect Capital Corporation
Filing Type: Form 8-K (Current Report)
Report Date: August 21, 2013
Reporting Period: Fourth fiscal quarter and fiscal year ended June 30, 2013
This filing serves to announce the release of financial results for the period ended June 30, 2013, and to disclose the declaration of monthly cash distributions for the upcoming quarter.
Key Financial Metrics
The filing text references the issuance of a press release containing detailed financial results (Exhibit 99.1) but does not explicitly state specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity within the body of this 8-K document.
Distribution Metrics: The company declared monthly cash distributions to shareholders for the following periods:
- January 2014: 11.0325 cents per share (Record: Jan 31, 2014; Payment: Feb 20, 2014)
- February 2014: 11.0350 cents per share (Record: Feb 28, 2014; Payment: Mar 20, 2014)
- March 2014: 11.0375 cents per share (Record: Mar 31, 2014; Payment: Apr 17, 2014)
Material Changes
The filing does not provide comparative data or explicit commentary on material changes versus prior periods. Investors must refer to the attached press release (Exhibit 99.1) for year-over-year or quarter-over-quarter performance analysis.
Guidance, Outlook, and Risks
Management Commentary: The filing confirms the declaration of distributions, indicating management's commitment to shareholder returns. No specific forward-looking guidance or risk factors are detailed in the text of this 8-K; such information is contained within the referenced press releases.
Regulatory Note: The information disclosed under Items 2.02 and 7.01 is furnished and not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor is it incorporated by reference into other filings unless expressly stated.
Investor Verification Checklist
- Review Exhibit 99.1 for the full text of the press release containing Q4 and full-year 2013 financial results (revenue, net income, NAV).
- Verify the distribution yield based on the declared amounts (approx. 11.03 cents/month) against the current share price.
- Confirm the record and payment dates for the January, February, and March 2014 distributions to ensure eligibility.
- Check for any unusual items or portfolio changes detailed in the full press release that are not summarized in this 8-K.