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Chasing Value: 16% yield -- Prospect Capital Corp

 Nov 05, 2009 10:00 PM UTC
Picture_29
Return Risk
+3.03% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
PSEC Positive 11/05/09 +6.63% --

Graphic_arrow1 Via BloggingStocks:  

Filed under: Earnings reports, Competitive strategy, Chasing Value, Stocks to Buy, Best Stocks for 2009

When you run across a stock with a 16% yield you at least have to check out the story. Prospect Capital Corp (NASDAQ: PSEC) is just such a company. Last week PSEC declared its 20th consecutive increased dividend.

In sharing my adventures and opinions in the investment world I try very hard to be candid without crossing the line into being a promoter. That said, I have been buying stock regularly over the last 12 months and buying on fear has paid off handsomely. As the market has catapulted upward since March the opportunities have diminished. However, I did add PSEC in the last month.

Continue reading Chasing Value: 16% yield -- Prospect Capital Corp

Chasing Value: 16% yield -- Prospect Capital Corp originally appeared on BloggingStocks on Thu, 05 Nov 2009 17:00:00 EST. Please see our terms for use of feeds.

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