Palmer Square Capital BDC Inc. (NYSE:PSBD) Announces $0.36 Quarterly Dividend

Posted by Ed Jones on Mar 26th, 2025

Palmer Square Capital BDC Inc. (NYSE:PSBD – Get Free Report) declared a quarterly dividend on Thursday, February 27th, Wall Street Journal reports. Investors of record on Friday, March 28th will be given a dividend of 0.36 per share on Thursday, April 10th. This represents a $1.44 annualized dividend and a dividend yield of 9.91%. The ex-dividend date is Friday, March 28th.

Palmer Square Capital BDC Trading Up 1.0 %

NYSE PSBD opened at $14.53 on Wednesday. The firm’s fifty day simple moving average is $15.38 and its two-hundred day simple moving average is $15.73. The firm has a market capitalization of $473.85 million, a P/E ratio of 7.57 and a beta of 0.20. Palmer Square Capital BDC has a 12-month low of $13.53 and a 12-month high of $17.09.

Insider Transactions at Palmer Square Capital BDC

In related news, President Matthew L. Bloomfield acquired 4,200 shares of the firm’s stock in a transaction that occurred on Tuesday, March 4th. The stock was purchased at an average cost of $15.38 per share, with a total value of $64,596.00. Following the transaction, the president now directly owns 32,478 shares of the company’s stock, valued at $499,511.64. This trade represents a 14.85 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.96% of the company’s stock.

Palmer Square Capital BDC Company Profile

(Get Free Report)

Palmer Square Capital BDC Inc is an externally managed, non-diversified closed-end management investment company which primarily lends to and invests in corporate debt securities, including small to large private U.S. companies and has elected to be regulated as a business development company. Palmer Square Capital BDC Inc is based in MISSION WOODS, Kan.