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Prospect Capital Announces Annual Meeting Update
Globenewswire· 2025-12-16 21:01
NEW YORK, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced that it held its annual meeting of stockholders (the “Annual Meeting”) on December 16, 2025. The proposals that were considered at the Annual Meeting are described in detail in the Company’s definitive proxy statement for the Annual Meeting as filed with the Securities and Exchange Commission on September 18, 2025 (the “Proxy”). As of September 17, 2025, there were 465,087,009 ...
New Strong Sell Stocks for Dec. 16
ZACKS· 2025-12-16 11:41
Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:BellRing Brands, Inc. (BRBR) is a nutrition products company from Argentina. The Zacks Consensus Estimate for its current year earnings has been revised 14.2% downward over the last 60 days.Blue Owl Capital Corporation (OBDC) is a business development company. The Zacks Consensus Estimate for its current year earnings has been revised 3.8% downward over the last 60 days.Cool Company Ltd. (CLCO) is an operator of liquefied natural gas ...
Capital Southwest Corporation Announces the Promotion of Grant Eason to Managing Director
Globenewswire· 2025-12-09 21:01
DALLAS, Dec. 09, 2025 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest,” or the “Company”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses is pleased to announce the promotion of Grant Eason to Managing Director. “I am pleased to announce the promotion of Grant Eason to Managing Director,” stated Josh Weinstein, Chief Investment Officer of Capital Southw ...
Truist Analyst Bullish on PennantPark Floating Rate Capital (PFLT)
Yahoo Finance· 2025-12-04 22:12
PennantPark Floating Rate Capital Ltd. (NYSE:PFLT) is one of the best high growth stocks to consider. On November 26, Arren Cyganovich from Truist Financial assigned a Buy recommendation on PennantPark, along with a price target of $11. In other news, PennantPark Floating Rate Capital Ltd. (NYSE:PFLT) reported its financial results for the quarter ended September 30, 2025. The company allocated $633 million towards 11 fresh and 105 current portfolio holdings with debt investments yielding 10.5% on average ...
Stop Waiting for “Rate Cuts.” Here’s How to Build an 8% Yield Portfolio Even if the Fed Holds Rates in December
Yahoo Finance· 2025-12-04 16:04
24/7 Wall St. Quick Read Plains All American Pipeline (PAA) transports crude oil and natural gas liquids through fee-based contracts that generate steady cash flow regardless of commodity prices. Hercules Capital (HTGC) offers a 10.23% forward dividend yield and received a Baa2 investment-grade rating upgrade from Moody’s. TORM (TRMD) benefits from Europe’s shift to North American and Middle Eastern energy sources, which requires tanker transport over longer distances. If you’re thinking about ret ...
PennantPark Investment Corporation's Recent Developments
Financial Modeling Prep· 2025-12-03 03:06
Core Insights - PennantPark Investment Corporation is a business development company focused on investing in U.S. middle-market private companies through debt and equity investments [1] - Compass Point upgraded PennantPark's stock from Sell to Neutral, indicating a more positive outlook despite a recent stock price decrease of 1.87% [2][6] - The company announced a monthly distribution of $0.08 per share for December 2025, expected to provide a steady income stream for investors [3][6] Stock Performance - The stock price has fluctuated between $5.66 and $5.91, with a 52-week high of $7.53 and a low of $5.66, indicating market volatility [4][6] - The company's market capitalization is approximately $376.76 million, reflecting its size and value in the market [4] - The trading volume for the day is 1,524,801 shares, showcasing active investor interest [4] Distribution Details - The distribution's tax characteristics will be detailed to stockholders on Form 1099 after the year ends, ensuring transparency and compliance with regulatory requirements [5]
4 Dividend Stocks to Buy With $5,000 and Hold Forever
The Motley Fool· 2025-11-23 08:14
Core Insights - The article emphasizes the potential of dividend stocks as a source of passive income for investors, highlighting their ability to provide regular income and contribute significantly to overall stock market returns [1][2]. Dividend Stocks Performance - Research indicates that dividends have accounted for 85% of the cumulative return of the S&P 500 since 1960, primarily through reinvested dividends [3]. - Dividend-paying companies have outperformed non-dividend payers over a 50-year period, with average returns of 9.2% compared to 4.3% [4]. - Companies that consistently grow their dividends have achieved annualized returns of 10.2% with lower volatility [4]. Company Profiles - **BlackRock (BLK)**: The world's largest asset manager with a market cap of $166 billion and a dividend yield of 2.04%. BlackRock has raised its dividend for 16 consecutive years, benefiting from long-term trends like growing asset prices and rising 401(k) contributions [6][9]. - **Chubb (CB)**: A leading global insurer with a market cap of $117 billion and a dividend yield of 1.26%. Chubb has increased its dividend payout for 32 consecutive years, showcasing its strong business model and capital management [10][13]. - **S&P Global (SPGI)**: A major player in credit ratings with a market cap of $149 billion and a dividend yield of 0.77%. S&P Global has raised its dividend for over 53 years and is well-positioned to benefit from rising global debt issuance [14][17]. - **Ares Capital Corporation (ARCC)**: The largest business development corporation in the U.S. with a market cap of $14 billion and a high dividend yield of 9.68%. Ares Capital has a stable portfolio and has been lending to middle-market companies for over two decades [18][22].
Capital Southwest Announces Monthly Regular Dividends for the Quarter Ending March 31, 2026 and Quarterly Supplemental Dividend Payable on March 31, 2026
Globenewswire· 2025-11-19 21:01
Core Viewpoint - Capital Southwest Corporation has declared monthly regular dividends of $0.1934 per share for January, February, and March 2026, along with a quarterly supplemental dividend of $0.06 per share payable in March 2026 [1][3]. Dividend Details - The total regular dividends per share for the quarter ending March 31, 2026, amount to $0.58, while the total supplemental dividend per share is $0.06, leading to total dividends per share of $0.64 for the same quarter [3]. - The payment schedule for the regular monthly dividends is as follows: - January 15, 2026: $0.1934 - February 13, 2026: $0.1934 - March 13, 2026: $0.1934 [2]. Company Overview - Capital Southwest Corporation is a Dallas-based internally managed business development company with approximately $1.9 billion in investments at fair value as of September 30, 2025 [5]. - The company focuses on providing flexible financing solutions to support the acquisition and growth of middle market businesses, making investments ranging from $5 million to $50 million across various capital structures [5]. - Capital Southwest operates with a permanent capital base, allowing for creative financing solutions and long-term investments in portfolio companies [5]. Dividend Reinvestment Plan - The company maintains a Dividend Reinvestment Plan (DRIP) that allows registered stockholders to automatically reinvest dividends into additional shares of Capital Southwest's common stock [4].
Dividend Investor Making $16,300 A Month Shares His Top 7 High-Yield Stocks – 'Don't Let Anyone Tell You Dividend Investing Will Not Pay The Bills'
Yahoo Finance· 2025-11-18 15:16
Core Insights - Dividend stocks are gaining traction among investors seeking to safeguard their portfolios from market volatility, particularly due to concerns over inflated AI stock valuations [1] - A Redditor shared a successful dividend investment strategy, highlighting a portfolio that generated $16,378 in October with a yield of approximately 14% [1][2] Company Summaries - **Ares Capital Corporation**: This business development company has a dividend yield of about 9.5%. Its Q3 earnings met Wall Street estimates, with interest income from investments exceeding expectations [3] - **Abrdn Global Infrastructure Income Fund**: This fund offers exposure to the global infrastructure sector and boasts a dividend yield of around 11% [3] - **Energy Transfer LP**: This midstream energy company has a dividend yield of approximately 8%. However, its Q3 results fell short of Wall Street estimates, with a revenue decline of 3.9% year-over-year [4] - **NEOS Bitcoin High Income ETF**: This ETF provides direct exposure to Bitcoin and has a distribution rate of about 28%, with monthly payouts [5] - **YieldMax Universe Fund of Option Income ETFs**: This fund employs options strategies across multiple ETFs to generate income, featuring a monthly distribution rate of approximately 75% [5] - **Dynex Capital**: This mortgage REIT offers a high dividend yield of about 15% and has seen a 6% increase in stock price this year. The co-CEO emphasized that dividend stocks are suitable for all investors, not just older generations [7]
Clear Street Maintains Buy on GECC, Lowers Price Target to $8.50
Yahoo Finance· 2025-11-18 08:03
Core Viewpoint - Great Elm Capital Corp. (NASDAQ:GECC) is facing challenges in its financial performance, particularly in Q3 2025, which has led to a revised price target from analysts while maintaining a buy rating. Financial Performance - In Q3 2025, Great Elm Capital Corp. reported net investment income (NII) of $2.4 million, or $0.20 per share, a significant decline from $5.9 million, or $0.51 per share, in Q2 2025, primarily due to the absence of a distribution from an insurance-related investment [4] - The company maintained a distribution of $0.37 per share during the third quarter and approved a $10 million share repurchase program [3] - The company raised $27 million in equity and refinanced its highest-cost debt to strengthen its balance sheet [3] Analyst Insights - Clear Street analyst Mickey Schleien lowered the price target for GECC to $8.50 from $10 while maintaining a Buy rating, citing a "rough" Q3 with multiple credit issues and expectations of lower earnings ahead, along with potential dividend pressure in 2026 [2] Investment Strategy - Great Elm Capital Corp. focuses on generating current income and capital appreciation through investments in debt and income-producing equity securities, including specialty finance businesses and collateralized loan obligations (CLOs) [5] - Management plans to deploy $25 million in cash and over $20 million from monetizing non-yielding assets into income-generating investments [4] Market Position - GECC is included among the 15 stocks with the highest dividend yields, indicating its attractiveness for income-focused investors [1]