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Stock impact report

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]

Palmer Square Capital BDC Inc. (PSBD) 
Company Research Source: Yahoo! Finance
business development company, today announced its financial results for the first quarter ended March 31, 2024. Financial and Operating Highlights Total investment income of $34.8 million for the first quarter of 2024, compared to $26.2 million for the prior year period Net investment income of $16.3 million or $0.52 per share for the first quarter of 2024, as compared to $13.6 million or $0.55 per share for the comparable period last year Net asset value of $17.16 per share as of March 31, 2024, compared to $17.04 per share as of December 31, 2023 Total net realized and unrealized gains of $6.6 million for the first quarter of 2024, compared to $14.5 million in the first quarter of 2023 As of March 31, 2024, total assets were $1.4 billion and total net assets were $559 million Debt-to-equity as of March 31, 2024 was 1.42x, compared to 1.39x as of December 31, 2023 Paid cash distributions to stockholders totaling $0.49 per share for the first quarter of 2024 Declared Show less Read more
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