SLIDESHOW: 10 Cheap Dividend Stocks Under $10By Dividend Channel Staff, updated Thu, May 6, 2:38 PM
|This Slide: #2 of 10|
#9. Prospect Capital Corp (NASDAQ:PSEC) — 8.8% YIELD
At #9, Prospect Capital is registered as a closed-end investment company. Co.'s investment objective is to generate both current income and long-term capital appreciation through debt and equity investments. Co. invests primarily in senior and subordinated debt and equity of private companies in need of capital for acquisitions, divestitures, growth, development, recapitalizations and other purposes. Co. works with the management teams or financial sponsors to seek investments with historical cash flows, asset collateral or contracted pro-forma cash flows.
PSEC is a BDC — view PSEC BDCInvestor Profile.
(Projection based upon history)
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Strong Sell (0.00 out of 4)
(ranked lower than approx. 100% of all stocks covered)
Analysts' Target Price:
Based on data provided by Zacks Investment Research via Quandl.com