Palmer Square Capital BDC (NYSE: PSBD) adds Q1 2026 supplemental dividend
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Palmer Square Capital BDC Inc. declared a first quarter 2026 supplemental dividend of $0.01 per share, payable on April 9, 2026 to shareholders of record on March 27, 2026. This is in addition to the previously declared base dividend of $0.36 per share for the same quarter.
The supplemental dividend will be funded from the excess of the company’s quarterly undistributed net investment income over the base dividend, reflecting earnings above the level already committed to regular payouts.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 8.01, 9.01
2 items
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, and exhibit attachments filed with this report.
FAQ
What dividend did Palmer Square Capital BDC (PSBD) declare for Q1 2026?
Palmer Square Capital BDC declared a Q1 2026 base dividend of $0.36 per share plus a $0.01 per share supplemental dividend. Both amounts are scheduled to be paid together to eligible shareholders in April 2026.
When will PSBD’s Q1 2026 supplemental dividend be paid?
The Q1 2026 supplemental dividend of $0.01 per share will be paid on April 9, 2026. Shareholders must be on record as of March 27, 2026 to receive this additional cash distribution.
Who is eligible to receive Palmer Square Capital BDC’s Q1 2026 dividends?
Shareholders of Palmer Square Capital BDC on the record date of March 27, 2026 are eligible to receive both the $0.36 base dividend and the $0.01 supplemental dividend, which are scheduled for payment on April 9, 2026.
How is PSBD funding its Q1 2026 supplemental dividend?
The Q1 2026 supplemental dividend is being paid from excess quarterly undistributed net investment income. This represents income earned above what is required to cover the previously declared $0.36 per share base dividend for the first quarter of 2026.
What is Palmer Square Capital BDC’s investment focus?
Palmer Square Capital BDC primarily invests in corporate debt loans, targeting large private U.S. companies in the broadly syndicated loan and direct large cap private credit markets. It may also invest in other debt securities, including collateralized loan obligation debt and equity.
How is Palmer Square Capital BDC (PSBD) managed and regulated?
Palmer Square Capital BDC is an externally managed, non-diversified closed-end management investment company. It has elected to be regulated as a business development company and its investment activities are managed by Palmer Square BDC Advisor LLC, an affiliate of Palmer Square Capital Management LLC.
