Palmer Square Capital BDC Inc (PSBD)

Palmer Square Capital BDC Inc (PSBD) — Recent Articles & Press Releases:

Mon, Jun 16, 7:50 AM:
PSBD Crosses Above Average Analyst Target
Thu, May 29, 6:51 PM:
Palmer Square's CLO Indices Celebrate 10 Year Anniversary
Thu, May 8, 8:21 AM:
This Stock Has A 11.80% Yield And Sells For Less Than Book
Wed, May 7, 7:00 AM:
Palmer Square Capital BDC Inc. Announces First Quarter 2025 Financial Results
Tue, Apr 15, 4:05 PM:
Palmer Square Capital BDC Inc. Announces First Quarter 2025 Earnings Release and Conference Call
Fri, Apr 11, 8:23 AM:
Analysts Forecast 20% Upside For The Holdings of PBDC
Wed, Mar 26, 10:22 AM:
PSBD Ex-Dividend Reminder - 3/28/25
Mon, Mar 24, 8:30 AM:
Palmer Square Capital BDC Inc. Announces First Quarter 2025 Supplemental Dividend of $0.03
Thu, Mar 13, 3:55 PM:
Palmer Square Capital BDC Becomes Oversold
Wed, Mar 12, 1:58 PM:
This Stock Has A 9.69% Yield, Sells For Less Than Book, and Insiders Have Been Buying
Wed, Mar 12, 1:51 PM:
Wednesday 3/12 Insider Buying Report: LKFN, PSBD [VIDEO]
Thu, Feb 27, 7:00 AM:
Palmer Square Capital BDC Inc. Announces Fourth Quarter and Full Year 2024 Financial Results
Tue, Jan 28, 4:05 PM:
Palmer Square Capital BDC Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
Wed, Jan 8, 4:46 PM:
Palmer Square Capital Management Set to Launch First European CLO ETFs
Thu, Dec 26, 10:03 AM:
PSBD Ex-Dividend Reminder - 12/27/24
Tue, Dec 24, 1:50 PM:
Daily Dividend Report: PBHC,REFI,FNWD,RVSB,PSBD [VIDEO]
Mon, Dec 23, 1:25 PM:
Daily Dividend Report: REFI,FNWD,RVSB,PSBD [VIDEO]
Mon, Dec 23, 8:30 AM:
Palmer Square Capital BDC Announces Fourth Quarter 2024 Supplemental Dividend of $0.06
Tue, Nov 5, 7:00 AM:
Palmer Square Capital BDC Inc. Announces Third Quarter 2024 Financial Results
Tue, Oct 8, 4:05 PM:
Palmer Square Capital BDC Announces Third Quarter 2024 Earnings Release and Conference Call
Wed, Sep 11, 3:31 PM:
Palmer Square Capital Management Launches New Multi-Asset and CLO Credit ETFs
Thu, Aug 22, 4:59 PM:
Palmer Square Capital Management Hires Industry Veteran Courtney Cytryn
Thu, Aug 8, 7:00 AM:
Palmer Square Capital BDC Inc. Announces Second Quarter 2024 Financial Results
Thu, Jul 11, 8:30 AM:
Palmer Square Capital BDC Announces Second Quarter 2024 Earnings Release and Conference Call
Thu, Jun 20, 7:37 PM:
Palmer Square Capital BDC Announces Second Quarter 2024 Supplemental Dividend of $0.05
Tue, May 14, 4:30 PM:
Palmer Square Prices Over $1.8 Billion in CLOs Setting the Market
Tue, May 7, 7:20 AM:
Palmer Square Capital BDC Inc. Announces First Quarter 2024 Financial Results and Declares Second Quarter ...
Tue, Apr 30, 8:00 AM:
Palmer Square Prices First CLO Issued From its Newly-Public BDC ("PSBD")
Mon, Apr 8, 4:05 PM:
Palmer Square Capital BDC Announces First Quarter 2024 Earnings Release and Conference Call
Mon, Apr 8, 8:00 AM:
Palmer Square Capital Launches European CLO Index
Wed, Mar 20, 9:15 AM:
Palmer Square Capital BDC Inc. Announces $0.49 Per Share First Quarter 2024 Dividend and Supplemental ...
Wed, Feb 28, 7:10 AM:
Palmer Square Capital BDC Inc. Announces Fourth Quarter and Fiscal Year Ended 2023 Financial Results
Thu, Feb 8, 7:30 AM:
Palmer Square Capital BDC Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
Mon, Jan 22, 3:41 PM:
Monday 1/22 Insider Buying Report: PSBD, OPK [VIDEO]
Wed, Jan 17, 5:04 PM:
Palmer Square Capital BDC Inc. Prices Initial Public Offering

Palmer Square Capital BDC Inc (PSBD) — Key Stats & Information:

PSBD — Current Quote
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PSBD — Price Chart
PSBD — Performance
Recent Related Videos
PSBD — vs. Other BDCs By Yield
RankBDCYield   
• • •   
#31  GBDC 10.59%  
#32  MSDL 10.27%  
#33  OBDC 10.13%  
#34  SLRC 10.09%  
#35  PSBD 9.81%  
#36  BXSL 9.74%  
#37  ARCC 8.93%  
#38  HTGC 8.92%  
#39  FDUS 8.67%  
• • •   
PSBD — Current Snapshot
Current Stock Price:
(Data delayed 20 minutes)		 $14.59
Most Recent NAV/Share:
(As of 3/31/2025)		 $15.85
Current Price/NAV: .92x
Annualized Regular Dividend: $1.56
Annualized Current Yield: 10.69%
PSBD — TTM Snapshot
TTM = Trailing Twelve Months
  6/30/2024 9/30/2024 12/31/2024 3/31/2025
NAV/Share: $16.85 $16.61 $16.50 $15.85
Debt/Equity: 1.61 1.56 1.62 1.59
NOI/Share: $0.48 $0.48 $0.45 $0.40
EPS/Share: $0.16 $0.47 $0.23 $-0.26
Sum of TTM NOI/Share
(Or NII/share where applicable)		 $1.81
TTM NOI Yield:
(As percentage of current $14.59 price)		 12.41%
Sum of TTM EPS/Share
 $0.60
TTM EPS Yield:
(As percentage of current $14.59 price)		 4.11%
Sum of TTM Regular Dividends $1.81
TTM Dividend Yield:
(As percentage of current $14.59 price)		 12.41%
PSBD — Snapshot At 3/31/2025
% Senior Debt % Sub Debt % Equity % Other
86.2% 9.7% 4.1% 0%
Stock Price @ Quarter End:
(Closest close to 3/31/2025)		 $13.32
NAV/Share: $15.85
Price/NAV: .84x
Shares Outstanding: 32.53M
Market Cap: 433.35M
Investments at Cost: 1.40B
Investments at Fair Value: 1.33B
Difference: -62.89M
Net Asset Value: 515.66M
Leverage 818.65M
Debt:Equity Ratio 1.59:1
Originations:
(During quarter)		 104.32M
Repayments:
(During quarter)		 -144.37M
Difference: -40.05M
Realized Gains/Losses:
(During quarter)		 -5.89M
Unrealized Gains/Losses:
(During quarter)		 -15.41M
Non-Accruals at Cost: %
Non-Accruals at Fair Value: 0.24%
Net Operating Income / Share
(Or Net Investment Income where applicable)		 $0.40
EPS/Share $-0.26
Regular Dividends/Share $0.39
Regular Dividend Yield (Annualized)
(Against quarter-end $13.32 stock price)		 11.71%
Although best efforts are made to minimize errors, there is no guarantee this data is free of error and therefore it should not be relied upon for investment decisions. See full disclaimer.
Management Fee Structure
Base Management Fee: 2%
Fees Paid on Cash?: Yes
NOI Incentive Fee: 12.5%
Annual Hurdle Rate: 6%
Capital Gains Fee: 0%
Incentive Catch-Up Provision: Yes
Total Return Hurdle: No
Fees on Non-Cash Income: Yes
For more information see PSBD SEC filings.
PSBD — vs. Other BDCs By Price/NAV
RankBDCPrice/NAV   
• • •   
#18  MSDL 0.94x  
#19  PFLT 0.94x  
#20  SAR 0.94x  
#21  NCDL 0.93x  
#22  PSBD 0.93x  
#23  GECC 0.91x  
#24  PNNT 0.90x  
#25  SLRC 0.89x  
#26  FSK 0.88x  
• • •   
PSBD — NAV/Share History
Mouse over chart for data details
$16.76
$17.04
$17.16
$16.85
$16.61
$16.50
$15.85
9/30
2023		12/31
2023		3/31
2024		6/30
2024		9/30
2024		12/31
2024		3/31
2025
PSBD — Price/NAV History
Mouse over chart for data details
.98x
.97x
.95x
.96x
.98x
.92x
.84x
9/30
2023		12/31
2023		3/31
2024		6/30
2024		9/30
2024		12/31
2024		3/31
2025
 Avg: .94x
PSBD — Dividend History
Mouse over chart for data details
0.00
0.54
0.49
0.47
0.47
0.48
0.39
9/30
2023		12/31
2023		3/31
2024		6/30
2024		9/30
2024		12/31
2024		3/31
2025
PSBD — Yield History
(regular quarterly amount annualized)
Mouse over chart for data details
0.00%
13.13%
12.03%
11.63%
11.53%
12.63%
11.71%
9/30
2023		12/31
2023		3/31
2024		6/30
2024		9/30
2024		12/31
2024		3/31
2025
 Avg: 10.38%
PSBD — Debt:Equity Ratio History
Mouse over chart for data details
1.47:1
1.40:1
1.49:1
1.61:1
1.56:1
1.62:1
1.59:1
9/30
2023		12/31
2023		3/31
2024		6/30
2024		9/30
2024		12/31
2024		3/31
2025
 Avg: 1.53:1
PSBD — NOI/Share History
(or NII/share when applicable)
Mouse over chart for data details
0.57
0.57
0.52
0.48
0.48
0.45
0.40
9/30
2023		12/31
2023		3/31
2024		6/30
2024		9/30
2024		12/31
2024		3/31
2025
PSBD — vs. Others By 1Yr NAV/Sh Change
RankBDC1Yr NAV/Sh Change  
• • •   
#30  TPVG -4.43% 
#31  SAR -4.65% 
#32  SSSS -7.11% 
#33  MRCC -7.20% 
#34  PSBD -7.63% 
#35  RAND -7.80% 
#36  GECC -8.83% 
#37  GSBD -9.28% 
#38  WHF -10.30% 
• • •   
 

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