Prospect Capital (PSEC) Dividend
Prospect Capital (PSEC) currently pays a dividend yield of 20.49%, distributing $0.42 per share annually ($0.04 per month). The company operates in the Financial Services sector.
PSEC has raised its dividend for 7 consecutive years.
PSEC dividend at a glance
| Dividend Yield | 20.49% |
|---|---|
| Annual Dividend | $0.42 per share |
| Per Payment | $0.04 |
| Payout Frequency | Monthly |
| Payments per Year | 12 |
| Next Ex-Dividend Date | October 28, 2026 |
| Next Payment Date | November 18, 2026 |
| Payout Ratio | 212% |
| Consecutive Years of Dividend Growth | 7 |
| Sector | Financial Services |
| Implied Share Price (from yield) | $2.05 |
What PSEC pays on a $10,000 investment
At a 20.49% yield, $10,000 invested in PSEC generates about $2,049.00 per year, or roughly $170.75 every month. Share counts below use an implied price of $2.05, derived from the $0.42 annual dividend and the 20.49% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Month |
|---|---|---|---|
| $1,000 | 487.9 | $204.90 | $17.08 |
| $5,000 | 2,439.3 | $1,024.50 | $85.37 |
| $10,000 | 4,878.6 | $2,049.00 | $170.75 |
| $25,000 | 12,196.4 | $5,122.50 | $426.87 |
| $100,000 | 48,785.7 | $20,490.00 | $1,707.50 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each month — see how the dividend snowball compounds.
PSEC dividend payment schedule
PSEC pays on a monthly schedule — 12 payments a year. The next confirmed ex-dividend date is October 28, 2026, with payment on November 18, 2026. Later rows are projected forward at the same interval and will shift when Prospect Capital declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| October 28, 2026 | November 18, 2026 | $0.04 | Confirmed |
| November 28, 2026 | December 19, 2026 | $0.04 | Projected |
| December 28, 2026 | January 18, 2027 | $0.04 | Projected |
| January 28, 2027 | February 18, 2027 | $0.04 | Projected |
| February 28, 2027 | March 21, 2027 | $0.04 | Projected |
| March 28, 2027 | April 18, 2027 | $0.04 | Projected |
To collect a PSEC dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How PSEC's dividend compares
Across the 714 dividend stocks and ETFs DivTrkr tracks, the median yield is 4.23%. PSEC's 20.49% is 16.26 percentage points above that median, ranking 103rd of 714 by yield.
Within Financial Services, where we track 119 names, the median yield is 9.09% — putting PSEC above its sector. A yield well above the sector norm is worth a second look: it can signal a depressed share price rather than a generous payout.
Its 7-year run of dividend increases ranks 177th out of the 363 names in our data with an active growth streak.
What the numbers mean
PSEC pays out roughly 212% of its earnings as dividends. That is a high payout ratio. The dividend is consuming most of reported earnings, which is normal for REITs and some funds but a caution flag elsewhere.
PSEC pays monthly, which suits investors who want dividend income to line up with monthly living expenses rather than arriving in quarterly lumps.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
PSEC dividend FAQ
When is the next PSEC ex-dividend date?
The next PSEC ex-dividend date is October 28, 2026, with the payment scheduled for November 18, 2026. You must own shares before the ex-dividend date to receive that payment.
What is PSEC's dividend yield?
PSEC currently yields 20.49%, based on $0.42 in dividends per share over the past year.
How often does PSEC pay dividends?
PSEC pays monthly, which works out to 12 payments per year of about $0.04 per share.
How much dividend income would $10,000 of PSEC generate?
At the current 20.49% yield, $10,000 invested in PSEC would produce roughly $2,049.00 per year, or about $170.75 per month, before taxes and assuming the dividend holds.
Has PSEC increased its dividend?
Yes — PSEC has raised its dividend for 7 consecutive years.
PSEC dividend history
DivTrkr holds 216 recorded PSEC dividend payments going back to 2004 and -5.6% a year of growth over the last five complete years. See the full PSEC dividend history — every payment, annual totals and growth by year.
Related dividend stocks
Other Financial Services dividend payers
- BSTZ — BlackRock Science and Technology Term Trust dividend (62.82%)
- CEPI — REX Crypto Equity Premium Income ETF dividend (42.33%)
- LFGY — YieldMax Crypto Industry & Tech Portfolio Option Income ETF dividend (41.83%)
- BLOX — Nicholas Crypto Income ETF dividend (39.19%)
- OXSQ — Oxford Square Capital Corp. dividend (32.56%)
- CCIF — Carlyle Credit Income Fund dividend (30.00%)
- PNNT — PennantPark Investment Corporation dividend (28.92%)
- OXLC — Oxford Lane Capital dividend (26.67%)
Similar yields to PSEC
- SVOL — Simplify Volatility Premium ETF dividend (20.53%)
- IGME — Bitwise GME Option Income Strategy ETF dividend (20.33%)
- SPYT — Defiance S&P 500 Target Income dividend (20.31%)
- DHT — DHT Holdings, Inc. dividend (20.71%)
- ECC — Eagle Point Credit Company dividend (20.75%)
- ARR — ARMOUR Residential REIT dividend (20.85%)
Track PSEC dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.