Palmer Square Capital BDC Announces Fourth Quarter 2024 Supplemental Dividend of $0.06
23 Dezember 2024 - 2:30PM
Business Wire
Palmer Square Capital BDC Inc. (NYSE: PSBD) ("Palmer Square" or
the "Company"), an externally managed business development company,
today announced that its Board of Directors has declared a fourth
quarter 2024 supplemental dividend of $0.06 per share. Shareholders
of record as of December 27, 2024, will receive the supplemental
dividend, payable on January 13, 2025.
The supplemental dividend will be paid out of the excess of the
Company’s quarterly undistributed net investment income, above the
fourth quarter 2024 base dividend of $0.42 per share, payable on
January 13, 2025, to shareholders of record as of December 27,
2024.
About Palmer Square Capital BDC Inc. Palmer Square
Capital BDC Inc. (NYSE: PSBD) is an externally managed,
non-diversified closed-end management investment company that
primarily lends to and invests in corporate debt loans, including
but not limited to large private U.S. companies in the broadly
syndicated loan market, as well as the direct large cap private
credit market. PSBD has elected to be regulated as a business
development company under the Investment Company Act of 1940.
PSBD’s investment objective is to maximize total return, comprised
of current income and capital appreciation. PSBD’s current
investment focus is guided by two strategies that facilitate its
investment opportunities and core competencies: (1) investing in
corporate debt loans and, to a lesser extent, (2) investing in
other debt securities which may include collateralized loan
obligation debt and equity. PSBD’s investment activities are
managed by its investment adviser, Palmer Square BDC Advisor LLC,
an affiliate of Palmer Square Capital Management LLC.
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version on businesswire.com: https://www.businesswire.com/news/home/20241220413369/en/
Investors Matt Bloomfield and Jeremy Goff Palmer Square
Capital BDC Inc. Investors@palmersquarebdc.com Media Josh
Clarkson Prosek Partners PSBD@prosek.com
Palmer Square Capital BDC (NYSE:PSBD)
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