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Palmer Square Capital BDC (PSBD) Stock News

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Palmer Square Capital BDC Inc. reports recurring developments as an externally managed, non-diversified closed-end management investment company that has elected regulation as a business development company under the Investment Company Act of 1940. The company primarily lends to and invests in corporate debt loans, including large private U.S. companies in the broadly syndicated loan market and the direct large-cap private credit market, with additional exposure to other debt securities such as collateralized loan obligation debt and equity.

News about PSBD commonly covers quarterly and annual financial results, net investment income, net asset value, portfolio yield, senior secured loan exposure, non-accrual investments, leverage and total return. Updates also include base and supplemental dividend declarations, earnings-call announcements and portfolio composition across industries and portfolio companies.

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Palmer Square Capital BDC (PSBD) will release its third-quarter 2026 financial results before markets open on November 4, 2026.

The results cover the quarter ended September 30, 2026. A conference call at 1:00 pm ET that day will review financial performance and include a question-and-answer session. A webcast replay will be available shortly afterward on the company's investor relations website.

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Palmer Square Capital BDC (PSBD) declared a third quarter 2026 supplemental dividend of $0.02 per share. Shareholders of record on September 25, 2026 will receive the supplemental dividend, payable on October 13, 2026. The supplemental dividend will be paid from quarterly undistributed net investment income above the company’s $0.36 per share base dividend for the same quarter.

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Palmer Square Capital BDC (NYSE: PSBD) reported second quarter 2026 total investment income of $27.3 million, down from $31.7 million a year earlier, and net investment income of $12.0 million, or $0.39 per share, versus $13.8 million, or $0.43, in Q2 2025. Net asset value was $13.21 per share at June 30, 2026, compared with $13.30 at March 31, 2026 and $15.68 a year earlier. The company recorded $3.6 million of total net realized and unrealized losses, and delivered a quarterly total return of 3.11%.

As of June 30, 2026, PSBD’s portfolio had a fair value of $1.1 billion across 206 portfolio companies, with 96% in senior secured loans and 0.29% of investments on non-accrual. Portfolio yield was 11.95%. Debt-to-equity was 1.71x, total net assets were $406.2 million, and available liquidity was about $331.0 million against $21.5 million of unfunded commitments.

The company paid $0.39 per share in Q2 2026 distributions and declared a Q3 2026 regular base dividend of $0.36 per share, payable October 13, 2026, to shareholders of record on September 25, 2026, and expects to announce a supplemental dividend in September. Recent capital actions include a $300 million CLO refinancing and reduction of the Bank of America credit facility commitments to $350 million.

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Palmer Square Capital BDC (NYSE: PSBD) will release its financial results for the second quarter ended June 30, 2026 before the U.S. market opens on Wednesday, August 5, 2026. The company will host an earnings conference call that day at 1:00 p.m. ET to review its financial performance and hold a question-and-answer session.

According to Palmer Square, investors should register for the call via the Palmer Square Investor Relations website and are encouraged to join at least 10 minutes early. U.S. participants can dial +1 (888) 596-4144, international participants can dial +1 (646) 968-2525, using entry passcode 1949101#. A live audio webcast and replay will be available on the Investor Relations events and presentations page shortly after the event.

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Palmer Square Capital BDC (NYSE: PSBD) declared a second quarter 2026 supplemental dividend of $0.03 per share. Shareholders of record on June 26, 2026, will be paid on July 13, 2026. The supplemental dividend is funded from quarterly undistributed net investment income above the $0.36 base dividend.

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Palmer Square Capital BDC (NYSE: PSBD) increased and extended its open-market stock repurchase program. The board authorized an additional $30 million of buybacks and extended the program to June 22, 2027.

The company also expects to adopt a $10 million Rule 10b5-1 plan tied to discounts to NAV.

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Palmer Square Capital BDC (NYSE: PSBD) reported first quarter 2026 results for the period ended March 31, 2026. Total investment income was $26.2 million; net investment income was $11.0 million or $0.35 per share. NAV dropped to $13.30 per share from $14.85. The company declared a Q2 base dividend of $0.36 per share and expects a supplemental dividend to be announced in June.

Portfolio fair value was ~$1.155 billion, debt-to-equity was 1.70x, and one investment was on non-accrual representing under 0.01% of fair value.

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Palmer Square Capital BDC (NYSE: PSBD) will release Q1 2026 financial results before market open on May 6, 2026 and will host a conference call the same day at 1:00 pm ET to review performance and take questions.

Participants must register on Palmer Square's investor relations website and are advised to join at least 10 minutes early; a live webcast and replay will be available on the events and presentations section.

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Palmer Square Capital BDC (NYSE: PSBD) declared a first quarter 2026 supplemental dividend of $0.01 per share, payable April 9, 2026, to shareholders of record as of March 27, 2026.

The supplemental payment is sourced from quarterly undistributed net investment income above the $0.36 base dividend for Q1 2026, also payable April 9, 2026.

Palmer Square is an externally managed business development company focused on lending to large private U.S. companies and investing in corporate debt and related securities.

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Palmer Square Capital BDC (NYSE: PSBD) reported Q4 and full-year 2025 results and declared a Q1 2026 base dividend of $0.36 per share payable April 9, 2026. Q4 total investment income was $29.8M, net investment income was $13.1M ($0.41/share), and NAV was $14.85 per share as of December 31, 2025. The company recorded $18.4M of net realized and unrealized losses in Q4 and ended the year with $464.1M net assets and ~$311.3M available liquidity.

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FAQ

What is the current stock price of Palmer Square Capital BDC (PSBD)?

Palmer Square Capital BDC (PSBD) last closed at $9.7.

What is the market cap of Palmer Square Capital BDC (PSBD)?

The market cap of Palmer Square Capital BDC (PSBD) is approximately $297.3M.