Business Context and Reporting Period
Company: Prospect Capital Corp (PSEC)
Filing Type: Form 8-K (Current Report)
Report Date: August 30, 2019
Event Date: August 27, 2019
This filing serves as a notification of the company's fiscal year-end financial results for the period ended June 30, 2019, and the declaration of monthly cash distributions. Detailed financial metrics are contained in the press release attached as Exhibit 99.1, which is not fully reproduced in this text.
Key Financial Metrics
The provided text does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These figures are referenced as being included in the press release (Exhibit 99.1) but are not present in the filing body.
Material Changes and Distributions
The filing discloses the declaration of monthly cash distributions to shareholders for the upcoming months:
- September 2019: $0.06 per share (Record date: September 30, 2019; Payment date: October 24, 2019).
- October 2019: $0.06 per share (Record date: October 31, 2019; Payment date: November 20, 2019).
No specific material changes to financial condition or operations are detailed in the text of this 8-K, other than the announcement of the fiscal year results.
Guidance, Outlook, and Risks
The filing text does not provide management commentary, forward-looking guidance, specific risk factors, or details on contingencies. It explicitly states that the information is being furnished and not "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, except as expressly set forth by specific reference.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated August 27, 2019) for the actual financial results of the fiscal year ended June 30, 2019.
- Verify the record and payment dates for the declared $0.06 per share distributions for September and October 2019.
- Confirm the status of the company's outstanding debt securities (6.25% Notes due 2024, 6.25% Notes due 2028, and 6.875% Notes due 2029) listed in the filing.