Priority Income Fund announced distributions for its Series D, Series K, and Series L preferred stocks, with payments scheduled for June 30, 2026. The distributions will be treated first as taxable income from the prior year, then from the current year, without affecting shareholder tax reporting. This move reflects the Fund's ongoing commitment to providing income to its investors through its portfolio of senior secured loans. Investors should review the Fund's prospectus for details and consider tax implications before investing.
Priority Income Fund, Inc. announced that its Board of Directors has declared distributions for June 2026 on its 7.00% Series D Term Preferred Stock, 7.00% Series K Cumulative Preferred Stock, and 6.375% Series L Term Preferred Stock. The distributio...
Prospect Capital Corporation held its special stockholder meeting on June 9, 2026, but adjourned it to June 23, 2026, to allow more time to solicit votes on proposals detailed in their proxy statement. The meeting was conducted virtually, and the com...
High-income investors in the 32% federal tax bracket face heavy taxes on ordinary-income dividends held in taxable accounts, losing nearly a third of dividend income to taxes. Holding these dividends in a Roth IRA avoids this tax, preserving the full...
