Prospect Capital Declares Its 55th, 56th, and 57th Consecutive Cash
Distributions to Shareholders, Representing More Than $675 Million in
Cumulative Distributions to Shareholders Since 2004
NEW YORK, NY -- (Marketwire) -- 02/07/13 -- Prospect Capital
Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect
has declared monthly cash distributions to shareholders in the
following amounts and with the following record and payment dates:
11.0050 cents per share for February 2013 (record date of February
28, 2013 and payment date of March 21, 2013); and
11.0075 cents per share for March 2013 (record date of March 29, 2013
and payment date of April 18, 2013); and
11.0100 cents per share for April 2013 (record date of April 30, 2013
and payment date of May 23, 2013).
These distributions mark Prospect's 55th, 56th, and 57th consecutive
cash distributions to shareholders.
Based on past distributions and assuming its current share count for
upcoming distributions, Prospect since inception through its January
2013 distribution will have distributed more than $11.05 per share to
original shareholders and over $675 million in cumulative
distributions to all shareholders.
Prospect expects to declare its May 2013, Jun
e 2013, July 2013 and
August 2013 distributions in May 2013.
ABOUT PROSPECT CAPITAL CORPORATION
Prospect Capital Corporation (www.prospectstreet.com) is a closed-end
investment company that lends to and invests in private and microcap
public businesses. Our investment objective is to generate both
current income and long-term capital appreciation through debt and
We have elected to be treated as a business development company under
the Investment Company Act of 1940 ("1940 Act"). We are required to
comply with a series of regulatory requirements under the 1940 Act as
well as applicable NASDAQ, federal and state rules and regulations.
We have elected to be treated as a regulated investment company under
the Internal Revenue Code of 1986. Failure to comply with any of the
laws and regulations that apply to us could have an adverse effect on
us and our shareholders.
This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995,
whose safe harbor for forward-looking statements does not apply to
business development companies. Any such statements, other than
statements of historical fact, are highly likely to be affected by
other unknowable future events and conditions, including elements of
the future that are or are not under our control, and that we may or
may not have considered; accordingly, such statements cannot be
guarantees or assurances of any aspect of future performance. Actual
developments and results are highly likely to vary materially from
any forward-looking statements. Such statements speak only as of the
time when made, and we undertake no obligation to update any such
statement now or in the future.
For additional information, contact:
President and Chief Operating Officer
Telephone (212) 448-0702
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