PSEC
Cash keeps coming
Prospect Capital’s 5.35% Series A fixed-rate cumulative preferred shares are headed ex-dividend on April 21, 2026. If you own the shares by then, you’re in line for a $0.33438 payout per share, with the cash showing up on May 1.
Why investors should care
This isn’t some flashy growth story with fireworks and moon emojis. It’s the preferred-share equivalent of a reliable diner breakfast: not glamorous, but exactly why people buy these things in the first place. For income-focused investors, the key question is whether the payout stays steady and the yield still looks attractive versus rates elsewhere.
The fine print that actually matters
- Record date: April 21, 2026
- Ex-dividend date: April 21, 2026
- Payment date: May 1, 2026
- Dividend per share: $0.33438
Because it’s cumulative preferred stock, missed payments don’t just vanish into the ether. That structure tends to matter a lot when markets get twitchy and investors start craving predictable income like it’s the last parking spot at the mall.
Big picture: this is a routine dividend update, but for preferred holders, routine is the whole point.