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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (31283)9/17/2008 6:14:10 PM
From: Paul Senior   of 78911
 
PSEC: "Prospect Capital Declares 16th Consecutive Quarterly Dividend Increase..." Nice headline; not much of an increase though--> = +0.1 cent.

biz.yahoo.com

If maintained, if annualized, if the stock doesn't fall further, investors would see a 13.5% annual distribution.

Unknown to me how much is return of capital though. D/e is .2. P/bk is .87. Who knows how they value the companies they control or if or how they can secure any additional funding they might need.
At least there was insider buying in May at prices higher than current.

I added a little to my position today.

prospectstreet.com
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