Palmer Square Capital BDC Inc. ( (PSBD) ) has issued an announcement.
Palmer Square Capital BDC Inc. announced its financial results for the fourth quarter and full year 2024, reporting a total investment income of $34.9 million for the quarter, an increase from the previous year. Despite a decrease in net investment income per share, the company declared a first quarter 2025 base dividend of $0.36 per share, with a supplemental dividend expected in March. The company maintained a disciplined investment strategy amidst market uncertainties, focusing on liquid and private credit investments, which it believes will continue to deliver attractive returns while maintaining credit quality.
More 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 large private U.S. companies in the broadly syndicated loan market and the direct large cap private credit market. It is regulated as a business development company under the Investment Company Act of 1940, focusing on maximizing total return through current income and capital appreciation.
YTD Price Performance: 0.26%
Average Trading Volume: 20,209
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $503.4M
See more data about PSBD stock on TipRanks’ Stock Analysis page.
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