Palmer Square Capital BDC Inc. Announces $0.49 Per Share First Quarter 2024 Dividend and Supplemental Dividend Policy [Yahoo! Finance]
Palmer Square Capital BDC Inc. (PSBD)
Company Research
Source: Yahoo! Finance
managed business development company, today announced that its Board of Directors has declared a first quarter 2024 dividend of $0.49 per share, which represents a 12.1% total annualized yield based on the closing stock price on March 14, 2024 of $16.21. Shareholders of record as of March 28, 2024 will receive the dividend payable on April 10, 2024, comprised of a quarterly base distribution of $0.42 per share and a first quarter 2024 supplemental dividend of $0.07 per share. The supplemental dividend will be paid out of the excess of Palmer Square's quarterly undistributed net investment income above the base quarterly distribution amount of $0.42 per share. "We are initiating a base quarterly dividend amount and supplemental dividend policy that reinforces our commitment to enhanced transparency and shareholder alignment," said Christopher D. Long, Chairman and Chief Executive Officer of Palmer Square. "Our dividend framework speaks to the Board's confidence in our ability to more
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News
- Palmer Square Capital BDC Inc. Announces First Quarter 2024 Financial Results and Declares Second Quarter 2024 Base Dividend Distribution of $0.42 Per Share [Yahoo! Finance]Yahoo! Finance
- Palmer Square Capital BDC Inc. Announces First Quarter 2024 Financial Results and Declares Second Quarter 2024 Base Dividend Distribution of $0.42 Per ShareBusiness Wire
- Palmer Square Prices First CLO Issued From its Newly-Public BDC ("PSBD") [Yahoo! Finance]Yahoo! Finance
- Palmer Square Prices First CLO Issued From its Newly-Public BDC (“PSBD”)Business Wire
- Palmer Square Capital BDC Inc. (NYSE: PSBD) is now covered by analysts at Janney Montgomery Scott. They set a "neutral" rating and a $17.50 price target on the stock.MarketBeat
PSBD
Earnings
- 5/7/24 - Beat
PSBD
Sec Filings
- 5/7/24 - Form 8-K
- 5/7/24 - Form 10-Q
- 4/26/24 - Form 8-K
- PSBD's page on the SEC website