Business Context and Reporting Period
Company: Prospect Capital Corporation
Filing Type: Form 8-K (Current Report)
Report Date: August 30, 2016
Reporting Period: Fourth fiscal quarter and fiscal year ended June 30, 2016.
Key Financial Metrics
This Form 8-K serves as a notification of events and does not contain specific financial data tables within the body text. The filing references a press release (Exhibit 99.1) for detailed results of operations and financial condition for the period ended June 30, 2016. Consequently, specific values for revenue, profit, cash flow, margins, debt, and liquidity are not provided in this document.
Material Changes and Events
- Financial Results Announcement: On August 29, 2016, the company announced its financial results for the fourth quarter and full fiscal year ended June 30, 2016.
- Distribution Declaration: On August 25, 2016, the company declared monthly cash distributions to shareholders.
Guidance, Outlook, and Management Commentary
The filing does not contain specific guidance, outlook, or management commentary text. It directs readers to the attached press releases for further details. The declared cash distributions are as follows:
- September 2016: $0.08333 per share (Record Date: September 30, 2016; Payment Date: October 20, 2016).
- October 2016: $0.08333 per share (Record Date: October 31, 2016; Payment Date: November 17, 2016).
Note: The text lists the distribution amount as "8.333 per share," which is interpreted as $0.08333 based on standard industry reporting for this company.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated August 29, 2016) for specific revenue, net income, and portfolio yield figures for the quarter and year ended June 30, 2016.
- Verify the exact distribution amount per share in the source press release to confirm the decimal placement (likely $0.08333).
- Check the company's 10-Q or 10-K filings for the detailed balance sheet and cash flow statement referenced in the 8-K.
- Confirm the record and payment dates for the September and October 2016 distributions against the company's investor relations calendar.