SEC Filing Summary: Prospect Capital Corp (PSEC)
Business Context and Reporting Period
This Form 8-K, dated May 7, 2026, reports the declaration of monthly cash distributions for common shareholders and various classes of preferred stock. The filing also references the announcement of financial results for the fiscal quarter ended March 31, 2026, via a press release included as Exhibit 99.1.
Key Financial Metrics and Distributions
The filing details specific dividend declarations but does not provide consolidated revenue, profit, cash flow, or debt metrics within the text of the 8-K itself.
- Common Stock Distribution: $0.0350 per share for May, June, July, and August 2026.
- 7.50% Preferred Stock: $0.156250 per share monthly (June–August 2026).
- Floating Rate Preferred Stock: $0.135417 per share monthly (June–August 2026), based on a 6.50% annualized rate.
- 5.50% Preferred Stock: $0.114583 per share monthly (June–August 2026).
- 6.50% Preferred Stock: $0.135417 per share monthly (June–August 2026).
- 5.35% Preferred Stock: $0.334375 per share quarterly (May–July 2026 period).
Material Changes
The filing text does not provide comparative financial data or specific material changes in operations versus the prior period. It serves primarily as a notification of the distribution schedule and a reference to the Q1 2026 results press release.
Guidance, Outlook, and Risks
The filing does not contain management commentary, forward-looking guidance, or specific risk factors. It notes that the information regarding financial results is furnished and not deemed "filed" for purposes of Section 18 of the Exchange Act.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for detailed Q1 2026 revenue, net income, and portfolio yield metrics.
- Verify the total number of outstanding shares for each class to calculate total distribution obligations.
- Confirm the impact of the declared distributions on the company's liquidity and cash flow position.
- Check for any changes in the floating rate preferred stock's underlying benchmark rate for future periods.