NEW YORK, NY – October 2, 2025 – PennantPark Floating Rate Capital Ltd. (NYSE: PFLT), a prominent Business Development Company (BDC), has once again underscored its commitment to shareholder returns by declaring a monthly distribution of $0.1025 per share for October 2025. This latest announcement, consistent with its established payout strategy,
Shares of business development company Prospect Capital (NASDAQ:PSEC) jumped 4.9% in the afternoon session after two of its top executives, CEO John F. Barry and COO Grier Eliasek, disclosed substantial purchases of the company's stock, signaling strong insider confidence. CEO John F. Barry acquired 925,000 shares for $2,516,000, while COO Grier Eliasek purchased 370,000 shares for $1,002,700. Such large investments by high-level executives are often viewed by investors as a positive sign, suggesting that the company's leadership believed in its future prospects. The transactions were particularly noteworthy as the stock had been trading near its 52-week low after being down about 31% over the previous six months.
In the volatile landscape of the US stock market, the actions of corporate insiders often serve as a potent barometer for future performance and underlying sentiment. As of late September 2025, a conspicuous trend has emerged: a significant tilt towards insider selling over buying, painting a picture of caution from
Shares of business development company Prospect Capital (NASDAQ:PSEC) jumped 5.2% in the morning session after its CEO, John F. Barry, purchased nearly $1 million worth of company stock, signaling strong confidence in the company's future.
When Wall Street turns bearish on a stock, it’s worth paying attention.
These calls stand out because analysts rarely issue grim ratings on companies for fear their firms will lose out in other business lines such as M&A advisory.
Not all profitable companies are built to last - some rely on outdated models or unsustainable advantages.
Just because a business is in the green today doesn’t mean it will thrive tomorrow.
Value stocks typically trade at discounts to the broader market, offering patient investors the opportunity to buy businesses when they’re out of favor.
The key risk, however, is that these stocks are usually cheap for a reason – five cents for a piece of fruit may seem like a great deal until you find out it’s rotten.
Business development company Prospect Capital (NASDAQ:PSEC) met Wall Street’s revenue expectations in Q2 CY2025, but sales fell by 21.3% year on year to $166.9 million. Its non-GAAP profit of $0.17 per share was 33.9% above analysts’ consensus estimates.
Financial providers use their expertise in capital allocation and risk assessment to help facilitate economic growth while offering consumers and businesses essential financial services. Market leaders have certainly capitalized on a favorable backdrop to boost profitability,
helping fuel a 9% gain for the industry over the past six months.
This performance has closely followed the S&P 500.
Extreme high-yielders seem appealing on the surface, but dangers lurk underneath the surface which could jeopardize the dividend payouts in the future.
High dividend stocks are naturally appealing on the surface, due to their high dividend yields. But income investors need to make sure they do not fall into a dividend ‘trap’.
Like a partner who has burned you before but is trying to change, Prospect Capital is still hard to trust. The stock is very popular with income investors because of its 13.2% yield, its low share price, and the fact that it pays a dividend monthly.
