Palmer Square Capital BDC Inc. (NYSE:PSBD – Get Free Report) declared a quarterly dividend on Wednesday, May 8th, Wall Street Journal reports. Stockholders of record on Friday, June 28th will be paid a dividend of 0.42 per share on Tuesday, July 16th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 10.05%. The ex-dividend date of this dividend is Friday, June 28th.
Palmer Square Capital BDC Stock Up 1.0 %
NYSE PSBD opened at $16.72 on Thursday. The business’s 50-day moving average is $16.36. Palmer Square Capital BDC has a 52-week low of $15.27 and a 52-week high of $17.12.
Palmer Square Capital BDC (NYSE:PSBD – Get Free Report) last posted its earnings results on Wednesday, February 28th. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.03. The company had revenue of $29.82 million during the quarter, compared to analysts’ expectations of $29.78 million. Palmer Square Capital BDC had a net margin of 96.09% and a return on equity of 23.31%. As a group, equities research analysts expect that Palmer Square Capital BDC will post 1.92 earnings per share for the current year.
Analyst Ratings Changes
View Our Latest Analysis on PSBD
About Palmer Square Capital BDC
Palmer Square Capital BDC Inc is an externally managed, non-diversified closed-end management investment company which primarily lends to and invests in corporate debt securities, including small to large private U.S. companies and has elected to be regulated as a business development company. Palmer Square Capital BDC Inc is based in MISSION WOODS, Kan.
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