Business Context and Reporting Period
Company: Prospect Capital Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: August 30, 2018
Event Date: August 28, 2018
Context: This filing announces the declaration of monthly cash distributions and references the issuance of a press release regarding financial results for the fiscal year ended June 30, 2018.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are contained within the referenced press release (Exhibit 99.1) but are not detailed in the body of this Form 8-K.
Distribution Declaration:
- September 2018: $0.06 per share (Record date: September 28, 2018; Payment date: October 18, 2018).
- October 2018: $0.06 per share (Record date: October 31, 2018; Payment date: November 21, 2018).
Material Changes
The filing does not explicitly detail material changes in financial condition compared to prior periods. It serves primarily to disclose the distribution declaration and reference the annual results press release.
Guidance, Outlook, and Risks
Management Commentary: The registrant issued a press release on August 28, 2018, announcing fiscal year results and the distribution declaration.
Regulatory Note: Information disclosed under Items 2.02 and 7.01, including the press release, is furnished and not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor incorporated by reference into Securities Act filings unless expressly stated.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated August 28, 2018) for detailed fiscal year 2018 financial results (revenue, net income, NAV).
- Verify the record and payment dates for the declared $0.06 per share distributions for September and October 2018.
- Confirm the company's liquidity position and debt levels in the full annual report, as they are not listed in this summary filing.