Palmer Square Capital BDC Inc. (NYSE:PSBD – Get Free Report) declared a quarterly dividend on Wednesday, August 7th, Zacks reports. Shareholders of record on Friday, September 27th will be given a dividend of 0.42 per share on Monday, October 14th. This represents a $1.68 annualized dividend and a yield of 10.33%. The ex-dividend date is Friday, September 27th.
Palmer Square Capital BDC Price Performance
PSBD traded down $0.03 during midday trading on Friday, reaching $16.26. 1,437 shares of the company were exchanged, compared to its average volume of 54,805. Palmer Square Capital BDC has a one year low of $15.27 and a one year high of $17.12. The stock’s 50-day simple moving average is $16.42 and its 200 day simple moving average is $16.39.
Palmer Square Capital BDC (NYSE:PSBD – Get Free Report) last issued its earnings results on Tuesday, May 7th. The company reported $0.52 EPS for the quarter, topping the consensus estimate of $0.49 by $0.03. Palmer Square Capital BDC had a return on equity of 18.90% and a net margin of 84.94%. The company had revenue of $34.79 million during the quarter, compared to the consensus estimate of $30.34 million. On average, equities analysts predict that Palmer Square Capital BDC will post 2.01 earnings per share for the current year.
Analyst Ratings Changes
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Palmer Square Capital BDC Company Profile
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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