Palmer Square Capital BDC Inc. (PSBD)

Over the past six months, Palmer Square Capital BDC Inc. announced a fourth-quarter 2025 supplemental dividend of $0.07 per share and a base dividend of $0.36 per share. RBC Capital downgraded Palmer Square to "Sector Perform" from "Outperform" and lowered its price target to $13 from $13.50. The stock price has seen a decline of 20.74% between January 2, 2025, and December 31, 2025. As of January 12, 2026, the stock price had fallen by 1.88% over the preceding 10 days.

Information regarding demand seasonality for Palmer Square Capital BDC Inc.'s products and services is not available. Its demand drivers may be more influenced by overall economic conditions, credit market cycles, and corporate financing needs rather than traditional seasonal consumer patterns.

Palmer Square Capital BDC Inc. (PSBD) is an externally managed, non-diversified closed-end management investment company operating as a business development company (BDC). The company aims to maximize total return through current income and capital appreciation by investing in corporate debt securities of private U.S. companies, focusing on broadly-syndicated loans (BSLs) and large-cap direct lending, as well as collateralized loan obligation (CLO) structured credit funds. Palmer Square BDC Advisor LLC manages PSBD's investment activities.

Palmer Square Capital BDC Inc. is headquartered in Mission Woods, Kansas, United States, and primarily focuses its investments in corporate debt securities of private U.S. companies. Its investment adviser, Palmer Square Capital Management LLC, also maintains major offices in Kansas City and London.

Palmer Square has established a strong reputation in the global corporate and structured credit market. In 2023, it was recognized as the top-ranked CLO issuer by deal volume. In April 2024, Palmer Square Capital Management announced the pricing of Palmer Square BDC CLO 1, a $400.5 million collateralized loan obligation.

Palmer Square Capital BDC Inc. has a diverse ownership structure, including institutional, insider, and retail investors. Institutional investors own approximately 36.47% to 37.69% of the company's stock, insiders hold about 10.43%, and public companies and individual investors own approximately 51.88% to 79.77%. As of the third quarter of 2025, 63 institutions held PSBD shares, with a combined market value of approximately $22.22 million, accounting for 70.31% of the total shares.