Welcome to our dedicated page for Palmer Square Capital Bdc news (Ticker: PSBD), a resource for investors and traders seeking the latest updates and insights on Palmer Square Capital Bdc stock.
Palmer Square Capital BDC Inc. (NYSE: PSBD) is an externally managed, non-diversified closed-end management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940. Public communications from the company emphasize its focus on lending to and investing in corporate debt loans and other corporate debt securities, with an investment objective of maximizing total return through current income and capital appreciation.
This news page aggregates coverage of the key developments disclosed by Palmer Square Capital BDC Inc., including quarterly and annual financial results, dividend declarations, and other material events reported in press releases and related Form 8-K filings. Recent announcements have highlighted total investment income, net investment income, net asset value per share, portfolio composition, and the level of investments on non-accrual status, as well as details about the company’s credit facilities and liquidity.
Investors following PSBD news can expect regular updates on base dividend distributions and supplemental dividends that are paid from quarterly undistributed net investment income above the base dividend. The company also announces earnings release dates and conference calls, where management reviews financial performance and discusses portfolio activity, including new investments, sales, and repayments across its corporate debt loan and CLO-related holdings.
In addition to BDC-specific news, this page may reference information from Palmer Square Capital Management, the affiliated credit-focused alternative asset management firm whose affiliate, Palmer Square BDC Advisor LLC, manages PSBD’s investment activities. Together, these disclosures provide context on how the BDC fits within a broader fixed income and credit platform. For those tracking PSBD, the news feed offers a centralized view of the company’s reported financial metrics, portfolio trends, distribution practices, and capital markets activity over time.
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 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.
Palmer Square Capital Management, a credit-focused asset manager with over $33 billion in assets under management, announces plans to launch three pioneering ETFs for European institutional investors in early 2025. Two ETFs will passively focus on EUR and USD denominated AAA and AA CLO debt, while the third will be an active multi-strategy ETF similar to their US offering.
The ETFs aim to provide capital preservation by targeting cycle-resilient assets with zero historical defaults. The active ETF will offer a single-manager solution for portfolio construction across corporate and structured credit. The passive products will leverage Palmer Square's expertise in senior CLO tranches, utilizing their proprietary benchmarks that are trusted by institutions globally.