Prospect Capital insiders are buying while yield hunters debate the safety

AI summary

Prospect Capital (NASDAQ:PSEC) pays a monthly distribution of $0.045 per share, which works out to $0.54 annualized and a yield of roughly 20.1% at a recent share price of almost $3. A yield that fat usually flashes a warning, and the company did cut its monthly payout from $0.06 to $0.045 in late 2024. The ... Prospect Capital insiders are buying while yield hunters debate the safety