Business
Palmer Square Capital BDC Inc. Announces First Quarter 2026 Financial Results
MISSION WOODS, Kan., May 06, 2026--Palmer Square Capital BDC Inc. (NYSE: PSBD) ("PSBD" or the "Company"), an externally managed business development company, today announced its financial results for the first quarter ended March 31, 2026.
About this update from Palmer Square Capital Bdc Inc.
[{"type":"text","content":"Declares Second Quarter 2026 Base Dividend of $0.36 Per Share with Supplemental Dividend Expected to be Announced in June","length":121,"tagName":"p","attribs":{}},{"type":"text","content":"MISSION WOODS, Kan., May 06, 2026--(BUSINESS WIRE)--Palmer Square Capital BDC Inc. (NYSE: PSBD) ("PSBD" or the "Company"), an externally managed business development company, today announced its financial results for the first quarter ended March 31, 2026.","length":276,"tagName":"p"},{"type":"text","content":"Financial and Operating Highlights","length":34,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Total investment income of $26.2 million for the first quarter of 2026, compared to $31.2 million for the prior year period","length":123,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net investment income of $11.0 million or $0.35 per share for the first quarter of 2026, compared to $12.9 million or $0.40 per share for the prior year period","length":159,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net asset value of $13.30 per share as of March 31, 2026, compared to $14.85 per share as of December 31, 2025","length":110,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Total net realized and unrealized losses of $48.3 million for the first quarter of 2026, compared to losses of $21.3 million for the first quarter of 2025","length":154,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"As of March 31, 2026, total assets were $1.2 billion and total net assets were $413.8 million","length":93,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Debt-to-equity as of March 31, 2026 was 1.70x, compared to 1.54x as of December 31, 2025","length":88,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Paid cash distributions to stockholders totaling $0.37 per share for the first quarter of 2026","length":94,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Declared a second quarter regular base dividend distribution of $0.36 per share, payable on July 13, 2026, to stockholders of record as of June 26, 2026. In accordance with our dividend policy, we expect to announce a supplemental dividend in June","length":247,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"In the first quarter, we had o...