Prospect Capital Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits
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Finance: Consumer Services
Finance
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): November 8, 2024
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Item 2.02. Results of Operations and Financial Condition.
On November 8, 2024, the registrant issued a press release announcing its financial results for its fiscal quarter ended September 30, 2024. The text of the press release is included as Exhibit 99.1 to this Form 8-K.
The information disclosed under this Item 2.02, including Exhibit 99.1 hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 and shall not be deemed incorporated by reference into any filing made under the Securities Act of 1933, except as expressly set forth by specific reference in such filing.
Item 7.01. Regulation FD Disclosure.
On November 8, 2024, the registrant issued a press release, included herewith as Exhibit 99.1, and by this reference incorporated herein, announcing the declaration of monthly cash distributions to common shareholders in the following amounts and with the following record and payment dates:
| Monthly Cash Common Shareholder Distribution | Record Date | Payment Date | Amount ($ per share) | ||||||||
| November 2024 | 11/26/2024 | 12/19/2024 | $0.0450 | ||||||||
| December 2024 | 12/27/2024 | 1/22/2025 | $0.0450 | ||||||||
| January 2025 | 1/29/2025 | 2/19/2025 | $0.0450 | ||||||||
On November 8, 2024, the registrant is hereby announcing the declaration of monthly dividends for the registrant’s Floating Rate Preferred Stock for holders of record on the following dates based on an annualized rate equal to 6.65200% of the stated value of $25.00 per share as set forth in the Articles Supplementary for the Preferred Stock, from the date of issuance or, if later from the most recent dividend payment date (the first business day of the month, with no additional dividend accruing in January, February, or March as a result), authorized on November 5, 2024, as follows:
| Monthly Cash Floating Rate Preferred Shareholder Distribution | Record Date | Payment Date | Monthly Amount ($ per share), before pro ration for partial periods | ||||||||
| December 2024 | 12/18/2024 | 1/2/2025 | $0.138583 | ||||||||
| January 2025 | 1/22/2025 | 2/3/2025 | $0.138583 | ||||||||
| February 2025 | 2/19/2025 | 3/3/2025 | $0.138583 | ||||||||
On November 8, 2024, the registrant is hereby announcing the declaration of monthly dividends for the registrant’s 5.50% Preferred Stock for holders of record on the following dates based on an annual rate equal to 5.50% of the Stated Value of $25.00 per share as set forth in the Articles Supplementary for the Preferred Stock, from the date of issuance or, if later from the most recent dividend payment date (the first business day of the month, with no additional dividend accruing in January, February, or March as a result), as follows:
| Monthly Cash 5.50% Preferred Shareholder Distribution | Record Date | Payment Date | Monthly Amount ($ per share), before pro ration for partial periods | ||||||||
| December 2024 | 12/18/2024 | 1/2/2025 | $0.114583 | ||||||||
| January 2025 | 1/22/2025 | 2/3/2025 | $0.114583 | ||||||||
| February 2025 | 2/19/2025 | 3/3/2025 | $0.114583 | ||||||||
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On November 8, 2024, the registrant is hereby announcing the declaration of monthly dividends for the registrant’s 6.50% Preferred Stock for holders of record on the following dates based on an annual rate equal to 6.50% of the Stated Value of $25.00 per share as set forth in the Articles Supplementary for the Preferred Stock, from the date of issuance or, if later from the most recent dividend payment date (the first business day of the month, with no additional dividend accruing in January, February, or March as a result), as follows:
| Monthly Cash 6.50% Preferred Shareholder Distribution | Record Date | Payment Date | Monthly Amount ($ per share), before pro ration for partial periods | ||||||||
| December 2024 | 12/18/2024 | 1/2/2025 | $0.135417 | ||||||||
| January 2025 | 1/22/2025 | 2/3/2025 | $0.135417 | ||||||||
| February 2025 | 2/19/2025 | 3/3/2025 | $0.135417 | ||||||||
On November 8, 2024, the registrant is hereby announcing the declaration of quarterly dividends for the registrant’s 5.35% Preferred Stock for holders of record on the following dates based on an annual rate equal to 5.35% of the Stated Value of $25.00 per share as set forth in the Articles Supplementary for the 5.35% Preferred Stock, from the date of issuance or, if later from the most recent dividend payment date (the first business day of the month, with no additional dividend accruing in February as a result), as follows:
| Quarterly Cash 5.35% Preferred Shareholder Distribution | Record Date | Payment Date | Amount ($ per share) | ||||||||
| November 2024 - January 2025 | 1/22/2025 | 2/3/2025 | $0.334375 | ||||||||
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Item 9.01. Financial Statements and Exhibits
(d) Exhibits
99.1 Press Release, dated November 8, 2024
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.
Prospect Capital Corporation
By: /s/ M. Grier Eliasek
Name: M. Grier Eliasek
Title: Chief Operating Officer
Date: November 8, 2024
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Index to Exhibits
| Exhibit Number | Description | ||||
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