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Strategies & Market Trends : Dividend investing for retirement
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To: Elroy who wrote (24103)12/26/2015 4:23:47 PM
From: sm1th  Read Replies (2) of 34328
 
If PSEC is going to continue paying $1.00 per year for the foreseeable future, it's worth $7.00. I'd say it's worth more like $11.00.

I don't follow this company, but there is always a reason a company needs to pay 14% to attract capital. Usually in involves a high risk of bankruptcy. If it were truly worth $11.00 that is where it would be trading.
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