Prospect Capital Corp (PSEC)

[look1]

Goldmine

If you had 63,000 and got it at $7.00 and it pays $0.08 per share or $1.00 year =9,000 shares

$7.00 share X 15% = $1.05 per year or about $0.08 per share
9,000 shares X .08= $720.00 if you were retired live on $500.00 invest rest some where else.

Good example me I can sleep easy before I had extra $300.00 mo. I do not touch except emergency. Now only about $250.00 per mo.

Remember with this stock if they make money the have to pay 90% to div. or the company will have to pay taxes and the management is buying stock with their own money.

If they get these spin off on the market and the price goes higher that means their holding is worth more which means large funds will buy it and be relax on the div. they are paying. Which means the company can sell some of the spin off stock they own on the stock market. Which in turn reinvest or pay div.

Check my math and do your own investigating I did not go to any kind of stock schooling. Stock market only goes up 7 or 8% a year