Palmer Square Capital BDC Inc. (PSBD)

Palmer Square Capital BDC Inc. went public on January 18, 2024, and its stock price has declined over the past six months. As of February 2, 2026, the share price was $11.87, a 24.63% decrease from February 3, 2025. Key events include the announcement of an estimated net asset value and a supplemental dividend in December 2025. RBC Capital downgraded the stock in November 2025 due to tight credit spreads, and a dividend was announced. Alaris Master Fund LP sold shares in October 2025. The company announced its Q4 and full-year financial results release date in January 2026. Analysts have a consensus "Hold" rating with a forecasted upside.

Information directly addressing demand seasonality for Palmer Square Capital BDC Inc.'s specific products and services is not explicitly available. Its performance is generally influenced by broader economic conditions, interest rate environments, and the health of the corporate debt markets rather than seasonal consumer demand patterns.

Palmer Square Capital BDC Inc. is a financial services company operating as an externally managed, non-diversified closed-end management investment company. The company primarily lends to and invests in corporate debt securities, focusing on small to large private U.S. companies. PSBD aims to maximize total return through current income and capital appreciation, also investing in other debt securities like CLOs. Palmer Square BDC Advisor LLC manages PSBD's investments. The company was founded in 2019 in Mission Woods, Kansas, with a diversified portfolio across various industries.

Palmer Square Capital BDC Inc. primarily focuses its investments on corporate debt securities across private companies in the U.S. The company is headquartered in Mission Woods, Kansas.

As a new BDC that went public in January 2024, detailed brand reputation information is limited. The company has seen a slight decline in price since its inception due to the first signs of portfolio deterioration as a result of higher interest rates. PSBD has experienced its first uptick in non-accruals, amounting to 0.26% of fair value. RBC Capital downgraded the stock in November 2025. Palmer Square Capital BDC offers a high dividend yield, which can be attractive to income-focused investors.

Palmer Square Capital BDC Inc. has 47 institutional owners and shareholders holding 17,767,423 shares. Major institutional owners include OV Management LLC, Mariner, LLC, and 1248 Management, LLC. Individual insider buying activity has been noted, including purchases by Matthew L. Bloomfield, Christopher Dale Long, and Angie Knighton Long.