Prospect Capital: 12% Yield And 45% Discount To NAV After Cut

seekingalpha11-09

We had rated Prospect Capital with a Buy and also suggested it as an alternative to another weak BDC.The company cut its distribution today and sent the stock hurling 15% lower.The stock now yields ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2482457282?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/522528006/image_522528006.jpg","is_english":true,"pubTime":"2024-11-09 06:37","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2482457282","market":"sh","top_or_hot":-1,"title":"Prospect Capital: 12% Yield And 45% Discount To NAV After Cut","media":"seekingalpha","content":"<div>\n<p>We had rated Prospect Capital with a Buy and also suggested it as an alternative to another weak BDC.The company cut its distribution today and sent the stock hurling 15% lower.The stock now yields ...</p>\n\n<a href=\"https://seekingalpha.com/article/4735213-prospect-capital-12-percent-yield-and-45-percent-discount-to-nav-after-cut\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Prospect Capital: 12% Yield And 45% Discount To NAV After Cut</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nProspect Capital: 12% Yield And 45% Discount To NAV After Cut\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-09 06:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4735213-prospect-capital-12-percent-yield-and-45-percent-discount-to-nav-after-cut><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We had rated Prospect Capital with a Buy and also suggested it as an alternative to another weak BDC.The company cut its distribution today and sent the stock hurling 15% lower.The stock now yields ...</p>\n\n<a href=\"https://seekingalpha.com/article/4735213-prospect-capital-12-percent-yield-and-45-percent-discount-to-nav-after-cut\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PSEC","symbol_name":"普罗斯佩克特资本","start_time":0,"source_url":"https://seekingalpha.com/article/4735213-prospect-capital-12-percent-yield-and-45-percent-discount-to-nav-after-cut","article_id":"2482457282","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/522528006/image_522528006.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2482457282","pubTimestamp":1731105478,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"We had rated Prospect Capital with a Buy and also suggested it as an alternative to another weak BDC.The company cut its distribution today and sent the stock hurling 15% lower.The stock now yields 12% and is at a 45% discount to NAV.   Waldemarus/iStock via Getty Images We have written about Prospect Capital Corporation  before, and we also suggested it as a bullish alternative to another poorly run BDC. At the heart of our logic was the fact that PSEC was perhaps, just perhaps, discounting the worst. As it stands, we","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"PSEC":"普罗斯佩克特资本","BK4135":"资产管理与托管银行"},"translate_title":"Prospect Capital：收益率12%，削减后资产净值折让45%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PSEC":0.9},"content_text":"We had rated Prospect Capital with a Buy and also suggested it as an alternative to another weak BDC.The company cut its distribution today and sent the stock hurling 15% lower.The stock now yields 12% and is at a 45% discount to NAV.   Waldemarus/iStock via Getty Images We have written about Prospect Capital Corporation (NASDAQ:PSEC) before, and we also suggested it as a bullish alternative to another poorly run BDC. At the heart of our logic was the fact that PSEC was perhaps, just perhaps, discounting the worst. As it stands, we","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"analysis","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2482457282"}