Palmer Square Capital BDC (NYSE: PSBD) adds Q4 2025 supplemental $0.07 dividend

Rhea-AI Filing Summary

Palmer Square Capital BDC Inc. declared a fourth quarter 2025 supplemental dividend of $0.07 per share. This supplemental dividend is payable on January 14, 2026 to stockholders of record as of December 29, 2025. It will be paid from the excess of the company’s quarterly undistributed net investment income above the previously declared fourth quarter 2025 base dividend of $0.36 per share, which is also payable on January 14, 2026 to shareholders of record as of December 29, 2025. Together, these amounts bring total declared cash dividends for the quarter to $0.43 per share.

Positive

• Supplemental dividend on top of base payout: The company declared a fourth quarter 2025 supplemental dividend of $0.07 per share, funded by excess quarterly undistributed net investment income above the $0.36 per share base dividend, increasing total cash dividends for the quarter to $0.43 per share.

Negative

• None.

Insights

BDC income and dividends analyst

Palmer Square Capital BDC adds a Q4 2025 supplemental dividend on top of its base payout, funded by excess net investment income.

Palmer Square Capital BDC Inc. declared a fourth quarter 2025 supplemental dividend of $0.07 per share, payable on January 14, 2026 to stockholders of record as of December 29, 2025. This is in addition to a previously declared base dividend of $0.36 per share for the same quarter on the same dates.

The company states that the supplemental dividend will be paid from the excess of its quarterly undistributed net investment income above the base dividend level. That indicates net investment income for the quarter exceeded the amount needed to cover the regular dividend, allowing an incremental cash return to shareholders.

For income-focused holders, total declared cash dividends for the quarter reach $0.43 per share when combining base and supplemental amounts. Future company communications may clarify whether supplemental dividends are expected to recur or are tied to specific quarters when net investment income materially exceeds the base payout.

0001794776false00017947762025-12-232025-12-23

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): December 23, 2025

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 December 23, 2025, Palmer Square Capital BDC Inc. (the “Company”) issued a press release announcing the declaration of a fourth quarter 2025 supplemental dividend of $0.07 per share. The fourth quarter 2025 supplemental dividend is payable on January 14, 2026 to stockholders of record as of December 29, 2025. The supplemental dividend will be paid out of the excess of the Company’s quarterly undistributed net investment income, above the previously declared fourth quarter 2025 base dividend of $0.36 per share, which is payable on January 14, 2026 to shareholders of record as of December 29, 2025.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1		Press release dated December 23, 2025
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:	December 23, 2025	By:	/s/ Jeffrey D. Fox
			Jeffrey D. Fox, Chief Financial Officer

FAQ

What dividend did Palmer Square Capital BDC Inc. (PSBD) announce in this filing?

The company announced a fourth quarter 2025 supplemental dividend of $0.07 per share, in addition to a previously declared base dividend of $0.36 per share for the same quarter.

When will Palmer Square Capital BDC Inc. (PSBD) pay the Q4 2025 supplemental dividend?

The fourth quarter 2025 supplemental dividend is payable on January 14, 2026.

What is the record date for Palmer Square Capital BDC Inc.’s Q4 2025 supplemental dividend?

Stockholders of record as of December 29, 2025 will be entitled to receive the fourth quarter 2025 supplemental dividend.

How is the Q4 2025 supplemental dividend of Palmer Square Capital BDC Inc. funded?

The supplemental dividend will be paid from the excess of the company’s quarterly undistributed net investment income above the previously declared fourth quarter 2025 base dividend.

What is the base dividend for Palmer Square Capital BDC Inc. (PSBD) in Q4 2025?

The previously declared fourth quarter 2025 base dividend is $0.36 per share, payable on January 14, 2026 to shareholders of record as of December 29, 2025.

What is the total cash dividend per share Palmer Square Capital BDC Inc. will pay for Q4 2025?

Combining the base dividend of $0.36 per share and the supplemental dividend of $0.07 per share, total declared cash dividends for the quarter are $0.43 per share.