Business Context and Reporting Period
Company: Prospect Capital Corporation
Filing Type: Form 8-K (Current Report)
Report Date: September 30, 2014
Event Date: September 24, 2014
Context: The registrant filed this report to disclose a Regulation FD announcement regarding the declaration of a monthly cash distribution to shareholders.
Key Financial Metrics
This filing does not contain comprehensive financial statements, revenue, profit, cash flow, margin, debt, or liquidity metrics. The only specific financial figure disclosed is the declared distribution amount.
- Declared Distribution: 11.0625 cents per share for January 2015.
- Record Date: January 30, 2014 (Note: The filing text lists this date, which appears inconsistent with a January 2015 payment; investors should verify the correct record date).
- Payment Date: February 19, 2015.
Material Changes
The filing does not provide comparative financial data or discuss material changes in operating results versus prior periods. The primary event is the new declaration of a monthly cash distribution.
Guidance, Outlook, and Risks
Management Commentary: The filing references a press release (Exhibit 99.1) announcing the distribution but does not include forward-looking guidance, outlook, or management discussion within the text of the 8-K itself.
Risks and Contingencies: No specific risks or contingencies are detailed in this filing. The disclosure is strictly limited to the distribution announcement.
Investor Verification Checklist
- Verify the correct record date for the January 2015 distribution, as the filing text lists "January 30, 2014" which may be a typographical error given the payment date of February 2015.
- Confirm the total number of shares outstanding to calculate the total cash outflow for this distribution.
- Review the full text of Exhibit 99.1 (Press Release) for any additional context regarding the company's liquidity or capital allocation strategy not present in the 8-K summary.
- Check subsequent filings for confirmation of the actual payment date and any adjustments to the distribution amount.