Palmer Square Capital BDC Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $320.4M
- Price
- $10.27
- % Change (Daily % change from the live per-ticker quote feed.)
- +0.29%
- Volume
- 38.7K
About
Palmer Square Capital BDC, Inc. specializes in providing diverse investment offerings. The firm actively supplies capital to businesses by issuing loans and acquiring their debt instruments. Founded in 2019, its operations are headquartered in Mission Woods, Kansas.
Quick stats
Shares outstanding31.2M
Computed float21.4M
Float / shares68.6%
Key info
SectorFinancial Services
IndustryAsset Management
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001794776
Websitehttp://palmersquarebdc.com
AI Summary
AI-generated1/17
standardneutralearnings
Palmer Square Capital BDC Inc. Announces Second Quarter 2026 Financial Results
Palmer Square Capital BDC reported Q2 2026 net investment income of $12.0 million, or $0.39 per share, a decrease from $13.8 million, or $0.43 per share, in the prior year. Total investment income fell to $27.3 million from $31.7 million, while the net asset value per share dipped slightly to $13.21 from $13.30 in the prior quarter.
The board declared a Q3 base dividend of $0.36 per share, payable in October, and expects to announce a supplemental dividend in September. The company noted that Q2 distributions totaled $0.39 per share, fully covering the base rate.
Management completed a $300 million refinancing of its CLO 1 transaction to lower borrowing costs and reduced its Bank of America credit facility commitments. Additionally, the share repurchase program was increased and extended during the quarter.
Red flags
- Net investment income decreased year-over-year from $0.43 to $0.39 per share
- NAV per share declined from $13.30 in Q1 2026 to $13.21 in Q2 2026
- Non-accrual investments increased to 0.29% from 0.00% in the prior quarter