Want $1,000 in Dividend Income Every Month? Invest $120,000 in This Stock

If you like the sound of that, you're in luck, because you can receive $1,000 in dividend income each month by buying shares of Prospect Capital (NASDAQ: PSEC). What is Prospect Capital? One of these is Prospect Capital, a business development corporation (BDC) that lends to and sometimes makes equity investments in mid-tier private companies -- the types that are generally too small to raise money in the public market but that require more capital than a local bank can provide.