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Invest in Prospect Capital Corporation's High Dividend

Posted on June 28, 2009

Where can you earn 17% dividend on a US based company? At Prospect Capital Corporation (PSEC). The upcoming dividend is .40625, which is a 16.89% yield at $10.17 share price which will ex-dividend on July 6th 2009. This dividend is the same amount that is had paid out for the prior 4 quarters.It earns its dividends from investing into companies needing capital. What I like about this company is that the firm has expertise in energy and industrial sectors. It wisely invests in oil and gas, coal, materials, industrials, information technology, utilities, pipeline, storage, power generatio...

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