Palmer Square Capital BDC Inc. (NYSE:PSBD – Get Free Report) announced a quarterly dividend on Wednesday, May 8th, Wall Street Journal reports. Investors 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 10.04%. The ex-dividend date of this dividend is Friday, June 28th.
Palmer Square Capital BDC Price Performance
NYSE:PSBD traded up $0.18 during midday trading on Wednesday, reaching $16.73. 9,276 shares of the company traded hands, compared to its average volume of 78,559. Palmer Square Capital BDC has a twelve month low of $15.27 and a twelve month high of $17.12. The firm has a fifty day moving average of $16.36.
Palmer Square Capital BDC (NYSE:PSBD – Get Free Report) last released its quarterly earnings data on Wednesday, February 28th. The company reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.03. Palmer Square Capital BDC had a net margin of 96.09% and a return on equity of 23.31%. The business had revenue of $29.82 million for the quarter, compared to analysts’ expectations of $29.78 million. Research analysts anticipate that Palmer Square Capital BDC will post 1.92 EPS for the current fiscal year.
Analyst Ratings Changes
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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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