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Palmer Square Capital BDC sets $0.38 Q3 dividend

Palmer Square Capital BDC Inc. (PSBD) announced that its Board of Directors has declared a third quarter 2026 supplemental dividend of $0.02 per share, in addition to its previously declared base dividend.

(High)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Palmer Square Capital BDC Inc. (PSBD) announced that its Board of Directors has declared a third quarter 2026 supplemental dividend of $0.02 per share, in addition to its previously declared base dividend. Shareholders of record on September 25, 2026 will receive both dividends, payable on October 13, 2026.

The supplemental dividend will be paid from the excess of PSBD’s quarterly undistributed net investment income above the $0.36 per share base dividend for the quarter, indicating that current income generation exceeded the ordinary distribution level for this period.

Positive

  • Declared $0.02 per share supplemental dividend for Q3 2026, on top of the regular $0.36 base dividend, signaling that quarterly net investment income exceeded the company’s base distribution level.
  • Both the supplemental and $0.36 base dividends are scheduled for payment on October 13, 2026, providing near-term additional cash returns to shareholders.

Negative

  • None.

Insights

Analyzing...

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Supplemental dividend per share $0.02 per share Third quarter 2026 supplemental dividend declared by the Board
Base dividend per share $0.36 per share Previously declared third quarter 2026 base dividend
Total Q3 2026 cash distribution per share $0.38 per share Sum of $0.36 base dividend and $0.02 supplemental dividend
Record date September 25, 2026 Shareholders of record on this date receive both dividends
Payment date October 13, 2026 Scheduled payment date for Q3 2026 base and supplemental dividends
supplemental dividend financial
"declared a third quarter 2026 supplemental dividend of $0.02 per share"
A supplemental dividend is an extra cash payment a company gives shareholders on top of its regular dividend, usually one-time or occasional and paid from surplus cash or proceeds from a specific event. It matters to investors because it can signal that the company has excess funds and is returning value to owners, similar to a workplace bonus, but since it’s often non-recurring it can change expectations about future income and stock valuation.
undistributed net investment income financial
"paid out of the excess of the Company’s quarterly undistributed net investment income"
business development company regulatory
"regulated as a business development company under the Investment Company Act of 1940"
A business development company is a publicly traded investment vehicle that lends to and buys stakes in smaller or privately held companies, acting like a combination of a lender, investor, and business partner. It matters to investors because BDCs offer the potential for higher regular income through dividends and diversified exposure to growing businesses, but they can also carry greater credit and liquidity risk than typical stocks or bonds—think higher-yielding but riskier income instruments.
collateralized loan obligation financial
"other debt securities which may include collateralized loan obligation debt and equity"
A collateralized loan obligation (CLO) is a financial product that bundles many corporate loans into a single pool and then sells pieces of that pool to investors, with each piece offering different levels of risk and return. Think of it like a large box of varied loans sliced into portions so investors can choose higher safety with lower yield or higher reward with more risk; CLO performance matters because it concentrates credit and interest-rate risk and affects income stability for holders.
closed-end management investment company financial
"an externally managed, non-diversified closed-end management investment company"
A closed-end management investment company is a pooled investment fund that raises a fixed amount of capital by issuing a set number of shares and then lists those shares for trading on an exchange; investors buy and sell shares on the market rather than redeeming them back to the fund. Think of it like a store with a fixed number of bottles on the shelf: the market price can be higher or lower than the underlying value of the assets, which matters to investors because it affects returns, liquidity and income characteristics independent of the fund’s actual holdings.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What dividend did PSBD declare for the third quarter of 2026?

PSBD declared a third quarter 2026 supplemental dividend of $0.02 per share, in addition to a previously declared base dividend of $0.36 per share. Both dividends are payable on October 13, 2026 to shareholders of record as of September 25, 2026.

When will PSBD’s Q3 2026 dividends be paid and who qualifies?

The $0.02 supplemental dividend and the $0.36 base dividend for Q3 2026 will be paid on October 13, 2026 to shareholders of PSBD who are on record as of September 25, 2026.

How is PSBD funding the Q3 2026 supplemental dividend?

PSBD states that the $0.02 per share supplemental dividend will be paid from the excess of its quarterly undistributed net investment income above the previously declared Q3 2026 base dividend of $0.36 per share.

What is the total per-share cash distribution PSBD plans for Q3 2026?

For the third quarter of 2026, PSBD has declared a $0.36 per share base dividend plus a $0.02 per share supplemental dividend, for a combined cash distribution of $0.38 per share, payable on October 13, 2026 to shareholders of record September 25, 2026.

What type of company is Palmer Square Capital BDC Inc. (PSBD)?

PSBD is an externally managed, non-diversified closed-end management investment company that has elected to be regulated as a business development company. It primarily lends to and invests in corporate debt loans in the broadly syndicated loan and large cap private credit markets.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
false000179477600017947762026-09-222026-09-22

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 22, 2026

 

 

Palmer Square Capital BDC Inc.

(Exact name of Registrant as Specified in Its Charter)

 

 

Maryland

814-01334

84-3665200

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

1900 Shawnee Mission Parkway, Suite 315

 

Mission Woods, Kansas

 

66205

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 816 994-3200

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock, par value $0.001 per share

 

PSBD

 

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


Item 8.01 Other Events.

On September 22, 2026, Palmer Square Capital BDC Inc. (the “Company”) issued a press release announcing the declaration of a third quarter 2026 supplemental dividend of $0.02 per share. The third quarter 2026 supplemental dividend is payable on October 13, 2026 to shareholders of record as of September 25, 2026. The supplemental dividend will be paid out of the excess of the Company’s quarterly undistributed net investment income, above the previously declared third quarter 2026 base dividend of $0.36 per share, which is payable on October 13, 2026 to shareholders of record as of September 25, 2026.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

 

99.1

 

Press release dated September 22, 2026

104

 

Cover Page Interactive Data File (embedded within the Inline XBRL document)

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, Palmer Square Capital BDC Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

PALMER SQUARE CAPITAL BDC INC.

 

 

 

 

Date:

September 22, 2026

By:

/s/ Jeffrey D. Fox

 

 

 

Jeffrey D. Fox, Chief Financial Officer

 


Exhibit 99.1

img12176064_0.jpg

Palmer Square Capital BDC Inc. Announces Third Quarter 2026

Supplemental Dividend of $0.02

 

MISSION WOODS, Kansas, September 22, 2026 — Palmer Square Capital BDC Inc. (NYSE: PSBD) (“Palmer Square” or the “Company”), an externally managed business development company, today announced that its Board of Directors has declared a third quarter 2026 supplemental dividend of $0.02 per share. Shareholders of record as of September 25, 2026, will receive the supplemental dividend, payable on October 13, 2026.

 

The supplemental dividend will be paid out of the excess of the Company’s quarterly undistributed net investment income, above the third quarter 2026 base dividend of $0.36 per share, payable on October 13, 2026, to shareholders of record as of September 25, 2026.

 

About Palmer Square Capital BDC Inc.

Palmer Square Capital BDC Inc. (NYSE: PSBD) is an externally managed, non-diversified closed-end management investment company that primarily lends to and invests in corporate debt loans, including but not limited to large private U.S. companies in the broadly syndicated loan market, as well as the direct large cap private credit market. PSBD has elected to be regulated as a business development company under the Investment Company Act of 1940. PSBD’s investment objective is to maximize total return, comprised of current income and capital appreciation. PSBD’s current investment focus is guided by two strategies that facilitate its investment opportunities and core competencies: (1) investing in corporate debt loans and, to a lesser extent, (2) investing in other debt securities which may include collateralized loan obligation debt and equity. PSBD’s investment activities are managed by its investment adviser, Palmer Square BDC Advisor LLC, an affiliate of Palmer Square Capital Management LLC.

 

Contacts

Investors
Matt Bloomfield and Jeremy Goff
Palmer Square Capital BDC Inc.
Investors@palmersquarebdc.com

 

Media
Josh Clarkson
Prosek Partners
PSBD@prosek.com


Filing Exhibits & Attachments

2 documents

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