Earnings ·
Palmer Square Capital BDC Inc. reported second quarter 2026 financial results and declared a third quarter regular…
PSBDPalmer Square Capital BDC Inc.
Palmer Square Capital BDC Inc. reported second quarter 2026 financial results and declared a third quarter regular base dividend of $0.36 per share. The payment is scheduled for October 13, 2026, to stockholders of record as of September 25, 2026. Net investment income was $12.0 million, or $0.39 per share, down from $13.8 million in the prior year period. Total investment income declined to $27.3 million from $31.7 million year-over-year. The company's net asset value stood at $13.21 per share as of June 30, 2026. Additionally, PSBD announced a refinancing of its $300 million term debt securitization and reduced commitments under its Bank of America credit facility to $350 million from $525 million. The company operates in the business development sector, providing debt financing to corporate borrowers.