PSEC Dividend Calculator
Project dividend-reinvestment (DRIP) growth, income, and yield on cost for Prospect Capital Corporation (PSEC). Pre-filled with PSEC’s current yield of about 28.33% (as of Oct 13, 2026) — edit the growth and tax assumptions to fit your plan.
PSEC dividend: yield, amount & dates
Snapshot of Prospect Capital Corporation (PSEC) dividend data as of Oct 13, 2026. Figures change — verify the current numbers with your broker before investing.
PSEC dividend income calculator
Pre-filled with PSEC’s current yield of about 28.33%. See the income an amount of Prospect Capital Corporation would pay, or how much you’d need for a target monthly income.
PSEC dividend history by year
Per share, grouped by ex-dividend date. Prospect pays every month; each ex-date falls near the end of a month and the cash comes about three weeks later.
| Year | Dividends per share | Change | Payments |
|---|---|---|---|
| 2026through Sep 28, 2026 | $0.355 | — | 9 |
| 2025 | $0.54 | -21.7% | 12 |
| 2024 | $0.69 | -4.2% | 12 |
| 2023 | $0.72 | +0.0% | 12 |
| 2022 | $0.72 | +0.0% | 12 |
| 2021 | $0.72 | +0.0% | 12 |
| 2020 | $0.72 | +0.0% | 12 |
| 2019 | $0.72 | +0.0% | 12 |
| 2018 | $0.72 | — | 12 |
Why did the PSEC dividend drop?
Prospect has cut its monthly dividend twice since 2024. For years it paid $0.06 a share each month, $0.72 a year. In late 2024 that fell to $0.045, and starting with the May 2026 ex-date it fell again to $0.035, which is $0.42 a year.
Prospect’s own numbers give context. Net investment income was $0.15 a share in the quarter to June 30, 2026, down from $0.17 a year earlier. Net asset value per share fell from $6.56 to $5.71 over that year, and the quarter ended with a net loss of $0.08 a share.
PSEC dividend history
From 2018 to 2023, Prospect paid exactly $0.72 per share every year, 12 payments of $0.06. 2024 paid $0.69, 4.2% less, after the first cut late in the year. 2025 paid $0.54, 21.7% less, all at $0.045.
So far in 2026, nine payments have come to $0.355 per share: four at $0.045 and five at $0.035.
How often does PSEC pay a dividend?
Every month. Its September 2026 payout had a September 28 ex-date, and holders get the cash on October 21. Prospect declares its dividends a few months ahead.
The October 2026 dividend of $0.035 has an ex-dividend date of October 28 and a pay date of November 18.
PSEC dividend yield and share price
Measured on Oct 13, 2026, PSEC paid $0.49 a share over 12 months. With the stock near $1.73, that is a trailing yield of about 28.33%. At the current $0.42 a year, the yield at that price is about 24.28%.
That share price is far below the $5.71 net asset value Prospect reported for June 30, 2026. A yield this high comes from a low price and a falling payout, not from a growing dividend.
Prospect’s dividend reinvestment plan
Prospect runs a DRIP that buys shares at a 5% discount. The company notes that some brokers opt holders out of it by default, so investors who want the discount have to check with their broker.
What 100 PSEC shares pay
At $0.035 a month, 100 PSEC shares pay $3.50 a month, $42 a year. Getting $1,000 a month would take about 28,572 shares, roughly $49,419 at a price near $1.73.
Prospect’s own table of 182 monthly payments matches dividendhistory.org on every amount, and stockanalysis.com on the last 59. One data site lists an extra 2021 payment that Prospect’s table does not show. Last checked Oct 16, 2026. Sources: Prospect Capital — common stock dividend history; SEC — Prospect Capital results for the quarter to Jun 30, 2026; dividendhistory.org — PSEC payouts; stockanalysis.com — PSEC dividend history. Not financial advice.
Related dividend guides
PSEC dividend snapshot
Variable distributionAs of Oct 13, 2026, PSEC yields about 28.33%, having distributed $0.49 per share over the trailing twelve months.
Its most recent payment was $0.035 per share, which went ex-dividend on Sep 28, 2026 and paid on Oct 21, 2026.
Because PSEC pays a variable monthly distribution, the amount changes every period — its recent payments have ranged from $0.035 to $0.045 per share. Treat the headline yield as a record of what was paid, not a promise of future income.
As a monthly-paying BDC, PSEC pairs an above-average yield with income taxed largely as ordinary income rather than as qualified dividends — so set the price-growth input in the calculator above conservatively rather than assuming the yield compounds untouched.
Based on PSEC’s published payment record as of Oct 13, 2026 — a description of what the dividend has done, not a rating or a forecast.
About PSEC
Prospect Capital is a business development company (BDC) that lends mostly senior and first-lien debt to mid-sized US companies, and pays a monthly dividend. Its distributions are generally taxed as ordinary income, and its very high headline yield reflects elevated risk.
PSEC is a monthly-paying bdc from Prospect Capital that distributes monthly. Because dividend investing is about both income and the growth of that income, the calculator above lets you model three things independently for PSEC: the starting yield, how fast the dividend grows each year, and how fast the share price appreciates. That separation matters most for high-yield versus dividend-growth choices, where a lower starting yield that grows quickly can overtake a higher static yield over time.
How to use the PSEC calculator
- Replace the pre-filled yield with PSEC’s current dividend yield from your broker or the fund’s page.
- Set your initial investment and monthly contribution.
- Estimate the dividend growth rate and price growth rate. For a monthly-paying bdc these can differ a lot — be realistic rather than optimistic.
- Choose your dividend tax rate and whether to reinvest (DRIP), then read the projected value, dividends received, and yield on cost.
The full math, including how the money-weighted return is computed, is on the methodology page.
PSEC dividend FAQ
- Does PSEC pay monthly dividends?
- Yes. Prospect has paid every month for years; the current rate is $0.035 a share.
- Did Prospect Capital cut its dividend?
- Yes, twice: from $0.06 to $0.045 a month in late 2024, and to $0.035 starting with the May 2026 ex-date.
- What is PSEC’s net asset value?
- $5.71 per share on June 30, 2026, according to Prospect, down from $6.05 on March 31 and $6.56 a year earlier.
- How does this PSEC dividend calculator work?
- It runs a month-by-month projection: each month it adds your contribution, pays a dividend based on the yield, optionally reinvests it (DRIP), then applies price growth. The page loads pre-filled with PSEC's current yield (about 28.33% as of Oct 13, 2026); adjust the dividend-growth, price-growth, and tax assumptions to fit your own outlook.
- What yield should I use for PSEC?
- As of Oct 13, 2026, PSEC's dividend yield was about 28.33% ($0.49 per share over the trailing year). Yields move with the share price, so use the current figure from your broker rather than a fixed number. Enter the trailing or forward yield, whichever you prefer to model.
- How often does PSEC pay dividends, and when?
- Prospect Capital Corporation pays a monthly (varies) dividend; its most recent payment was $0.035 per share, ex-dividend Sep 28, 2026. This calculator compounds monthly and projects annual totals, so it works the same regardless of the payment schedule — the cadence just affects when cash actually lands in your account.
- Is the PSEC projection a guarantee?
- No. It is an educational projection based on the assumptions you enter, held constant. Real dividends can rise, be cut, or stop, and prices fluctuate. Use it to compare scenarios, not to predict returns, and never rely on a single calculator for an investment decision.
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