Bitcoin Gained 164% in 2023 but Crypto Millionaire Abandoned It for This
A certain crypto genius and millionaire has been praising Bitcoin since it was trading for $61. Even though it gained 164% last year, he's now recommending a different cryptocurrency. In fact, he's betting his own money on and buying it like crazy.
Financials
| Curr Year EPS Estimate | 0.71 |
| Next Quarter EPS Estimate | 0.15 |
| Profit Margin | 0.73 |
| Return on Assets | 0.05 |
| Return on Equity | 0.14 |
| Revenue | 614,902,016 |
| Earnings Per Share | 1.20 |
| Revenue Per Share | 1.65 |
| Gross Profit | 623,530,000 |
| Quarterly Revenue Growth | 0.06 |
General
| Name | Prospect Capital Corporation |
| Ticker | PSEC |
| Exchange | NASDAQ |
| Sector | Financial Services |
| Industry | Asset Management |
| Currency | USD |
| Country | USA |
| Fiscal Year End | June |
About Prospect Capital Corporation
Prospect Capital Corporation is a business development company. It specializes in middle market, mature, mezzanine finance, later stage, emerging growth, leveraged buyouts, refinancing, acquisitions, recapitalizations, turnaround, growth capital, development, capital expenditures and subordinated debt tranches of collateralized loan obligations, cash flow term loans, market place lending and bridge transactions. It also makes real estate investments particularly in multi-family residential real estate asset class. The fund makes secured debt, senior debt, senior and secured term loans, unitranche debt, first-lien and second lien, private debt, private equity, mezzanine debt, and equity investments in private and microcap public businesses. It focuses on both primary origination and secondary loans/portfolios and invests in situations like debt financings for private equity sponsors, acquisitions, dividend recapitalizations, growth financings, bridge loans, cash flow term loans, real estate financings/investments. It also focuses on investing in small-sized and medium-sized private companies rather than large public companies. The fund typically invests across all industry sectors, with a particular expertise in the energy and industrial sectors. It invests in aerospace and defense, chemicals, conglomerate services, consumer services, ecological, electronics, financial services, machinery, manufacturing, media, pharmaceuticals, retail, software, specialty minerals, textiles and leather, transportation, oil and gas production, coal production, materials, industrials, consumer discretionary, information technology, utilities, pipeline, storage, power generation and distribution, renewable and clean energy, oilfield services, healthcare, food and beverage, education, business services, and other select sectors. It prefers to invest in the United States and Canada. The fund seeks to invest between $10 million to $500 million per transaction in companies with EBITDA between $5 million and $150 million, sales value betw
Dividend
Prospect Capital Corporation pays out a dividend of $0.72 per share, with a dividend yield of 12.44%.
PSEC's last dividend payment was made to shareholders on May 20, 2021.
They pay out 33.80% of their earnings out as a dividend.
Recent Dividends
| May 21, 2024 | $0.06 |
| Apr 18, 2024 | $0.06 |
| Mar 20, 2024 | $0.06 |
| Feb 20, 2024 | $0.06 |
| Jan 18, 2024 | $0.06 |
| Dec 19, 2023 | $0.06 |
| Nov 20, 2023 | $0.06 |
| Oct 19, 2023 | $0.06 |
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