Palmer Square Capital Bdc Inc. Stock Price, News & Analysis

Palmer Square Capital BDC (NYSE:PSBD) reported its Q2 2025 financial results, with total investment income of $31.7 million, down from $36.5 million in the prior year period. Net investment income was $13.8 million ($0.43 per share), compared to $15.8 million ($0.48 per share) last year.

The company's net asset value (NAV) decreased to $15.68 per share from $15.85 in the previous quarter. Total assets stood at $1.3 billion with net assets of $505.2 million. The company declared a Q3 2025 base dividend of $0.36 per share, with an additional supplemental dividend expected to be announced in September.

The portfolio maintained strong credit quality with 96% in senior secured loans and only 0.19% of investments on non-accrual. The debt-to-equity ratio was 1.51x, and the portfolio yield was 10.10% at fair value.

Palmer Square Capital BDC (NYSE:PSBD) has scheduled its second quarter 2025 financial results announcement for August 6, 2025, before market opening. The company will host a conference call at 1:00 PM ET on the same day to discuss the quarterly performance and conduct a Q&A session.

Participants can join through a U.S. toll-free number (+1-888-596-4144), international number (+1-646-968-2525), or via webcast, using the entry passcode 1803382#. A replay will be available on Palmer Square's Investor Relations website after the event.

Palmer Square Capital BDC (NYSE: PSBD) has declared a supplemental dividend of $0.06 per share for Q2 2025, payable on July 14, 2025, to shareholders of record as of June 27, 2025. This supplemental dividend comes in addition to the base dividend of $0.36 per share for the same quarter, and will be funded from excess undistributed net investment income. The total dividend payout for Q2 2025 amounts to $0.42 per share ($0.36 base + $0.06 supplemental).

Palmer Square Capital Management marks the 10th anniversary of its pioneering CLO indices - the Palmer Square CLO Senior Debt Index (CLOSE) and CLO Debt Index (CLODI), launched on May 29, 2015. The company has expanded to nearly 1,000 global subscribers and recently launched a U.S. ETF (PSQA) with plans for a European product. The CLO market has grown significantly from $400 million to over $1 trillion in market value over the past decade. The CLOSE index, focused on AAA/AA-rated senior tranches, has shown consistent positive returns, with 7.40% in 2024 and 9.01% in 2023. The CLODI index, tracking A/BBB/BB-rated mezzanine tranches, demonstrated higher returns but more volatility, posting 13.22% in 2024 and 17.40% in 2023.

Palmer Square Capital BDC (NYSE: PSBD) reported its Q1 2025 financial results, showing total investment income of $31.2 million, down from $34.8 million in Q1 2024. Net investment income was $12.9 million ($0.40 per share), compared to $16.3 million ($0.52 per share) last year. The company's NAV decreased to $15.85 per share from $16.50 at year-end 2024. Total net realized and unrealized losses were $21.3 million, versus gains of $6.6 million in Q1 2024. The company declared a Q2 2025 base dividend of $0.36 per share, with an additional supplemental dividend expected to be announced in June. As of March 31, 2025, PSBD maintained a debt-to-equity ratio of 1.50x and had a portfolio of $1.3 billion invested across 209 companies, with 96% in senior secured loans.

Palmer Square Capital BDC (NYSE: PSBD) has scheduled its first quarter 2025 earnings release and conference call. The company will announce financial results for Q1 ending March 31, 2025, before market opening on Wednesday, May 7, 2025.

A conference call will be held at 1:00 pm ET the same day to discuss performance and conduct a Q&A session. Participants can register through Palmer Square's Investor Relations website and are advised to join 10 minutes early. The call will be accessible via US toll-free number (+1-888-596-4144) and international number (+1-646-968-2525) using passcode 1803382#. A webcast replay will be available post-event on the company's IR website.

Palmer Square Capital BDC (NYSE: PSBD) has declared a supplemental dividend of $0.03 per share for the first quarter 2025, in addition to its base dividend of $0.36 per share. Both dividends will be payable on April 10, 2025, to shareholders of record as of March 28, 2025.

The supplemental dividend will be funded from excess undistributed net investment income above the Q1 2025 base dividend. PSBD, an externally managed business development company, focuses on corporate debt loans, particularly in large private U.S. companies within the broadly syndicated loan market and direct large cap private credit market.

Palmer Square Capital BDC (NYSE: PSBD) reported its Q4 and full-year 2024 financial results, with total investment income of $34.9 million in Q4 2024, up from $29.8 million year-over-year. Net investment income was $14.8 million ($0.45 per share), compared to $15.4 million ($0.58 per share) in Q4 2023.

The company's net asset value stood at $16.50 per share as of December 31, 2024, slightly down from $16.61 in Q3. Total assets reached $1.4 billion with net assets of $537.8 million. The debt-to-equity ratio improved to 1.50x from 1.52x in Q3 2024.

PSBD declared a Q1 2025 base dividend of $0.36 per share, payable April 10, 2025, with an additional supplemental dividend expected to be announced in March. The portfolio consisted of 85.7% first lien senior secured debt, with 99% of long-term investments at floating rates and 99.92% income-producing.

Palmer Square Capital BDC (NYSE: PSBD) has announced it will release its financial results for Q4 and full year 2024 before market opens on Thursday, February 27, 2025. The company will host a conference call at 1:00 pm ET on the same day to discuss the financial performance and conduct a Q&A session.

Participants can register through Palmer Square's Investor Relations website and are advised to join 10 minutes before the call. The conference call will be accessible via US toll-free number (+1 888-596-4144) and international number (+1 646-968-2525) using passcode 1803382#. A webcast replay will be available after the event on the company's Investor Relations website.