Palmer Square Capital BDC (NYSE: PSBD) declares Q2 2026 supplemental dividend
Rhea-AI Filing Summary
Palmer Square Capital BDC Inc. declared a second quarter 2026 supplemental dividend of $0.03 per share. This payment is in addition to the previously declared second quarter 2026 base dividend of $0.36 per share.
Both the supplemental and base dividends are payable on July 13, 2026 to shareholders of record as of June 26, 2026. The supplemental dividend will be funded from the excess of the company’s quarterly undistributed net investment income over the base dividend amount.
Positive
- None.
Negative
- None.
Insights
Palmer Square adds a modest supplemental dividend funded from excess income.
Palmer Square Capital BDC Inc. declared a Q2 2026 supplemental dividend of $0.03 per share, alongside a base dividend of $0.36 per share. The supplemental amount comes from undistributed net investment income, signaling earnings above the base payout for the quarter.
Because this is characterized as a one-time supplemental dividend, it does not automatically change the ongoing dividend run-rate. However, it indicates that net investment income exceeded the base dividend for this period, which income-oriented investors may note when assessing the stability of cash distributions.
8-K Event Classification
Key Figures
Key Terms
supplemental dividend financial
undistributed net investment income financial
business development company financial
closed-end management investment company financial
collateralized loan obligation financial
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): |
(Exact name of Registrant as Specified in Its Charter)
(State or Other Jurisdiction |
(Commission File Number) |
(IRS Employer |
||
|
|
|
|
|
|
||||
|
||||
(Address of Principal Executive Offices) |
|
(Zip Code) |
||
Registrant’s Telephone Number, Including Area Code: |
|
(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:
Securities registered pursuant to Section 12(b) of the Act:
|
|
Trading |
|
|
|
|
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 June 24, 2026, Palmer Square Capital BDC Inc. (the “Company”) issued a press release announcing the declaration of a second quarter 2026 supplemental dividend of $0.03 per share. The second quarter 2026 supplemental dividend is payable on July 13, 2026 to shareholders of record as of June 26, 2026. The supplemental dividend will be paid out of the excess of the Company’s quarterly undistributed net investment income, above the previously declared second quarter 2026 base dividend of $0.36 per share, which is payable on July 13, 2026 to shareholders of record as of June 26, 2026.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
99.1 |
|
Press release dated June 24, 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: |
June 24, 2026 |
By: |
/s/ Jeffrey D. Fox |
|
|
|
Jeffrey D. Fox, Chief Financial Officer |
Exhibit 99.1
Palmer Square Capital BDC Inc. Announces Second Quarter 2026
Supplemental Dividend of $0.03
MISSION WOODS, Kansas, June 24, 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 second quarter 2026 supplemental dividend of $0.03 per share. Shareholders of record as of June 26, 2026, will receive the supplemental dividend, payable on July 13, 2026.
The supplemental dividend will be paid out of the excess of the Company’s quarterly undistributed net investment income, above the second quarter 2026 base dividend of $0.36 per share, payable on July 13, 2026, to shareholders of record as of June 26, 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