Palmer Square Capital BDC declares Q2 2026 supplemental dividend of $0.03

1 min read     Updated on 24 Jun 2026, 05:08 PM
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AI Summary

Palmer Square Capital BDC Inc. announced a supplemental dividend of $0.03 per share for Q2 2026, alongside a base dividend of $0.36 per share. Both dividends are payable on July 13, 2026, to shareholders of record as of June 26, 2026.

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Palmer Square Capital BDC Inc. has declared a supplemental dividend of $0.03 per share for the second quarter of 2026, payable to shareholders of record as of June 26, 2026. The dividend will be distributed on July 13, 2026, and is funded by the excess of the company’s quarterly undistributed net investment income above the base dividend. The base dividend for the second quarter of 2026 is $0.36 per share, also payable on July 13, 2026, to shareholders of record as of June 26, 2026.

Dividend Details

The supplemental dividend reflects the company’s ability to generate excess net investment income beyond its base dividend commitment. The following table outlines the key dividend dates and amounts:

Dividend Type Amount Per Share Record Date Payable Date
Supplemental Dividend $0.03 June 26, 2026 July 13, 2026
Base Dividend $0.36 June 26, 2026 July 13, 2026

Company Overview

Palmer Square Capital BDC Inc. is an externally managed, non-diversified closed-end management investment company. It primarily lends to and invests in corporate debt loans, including large private U.S. companies in the broadly syndicated loan market and the direct large cap private credit market. The company has elected to be regulated as a business development company under the Investment Company Act of 1940. Its investment objective is to maximize total return, comprised of current income and capital appreciation. The company’s investment activities are managed by its investment adviser, Palmer Square BDC Advisor LLC, an affiliate of Palmer Square Capital Management LLC.

Will Palmer Square Capital BDC maintain this level of supplemental dividends in future quarters?

How might the supplemental dividend impact investor confidence in the company's earnings stability?

What trends in the broadly syndicated loan market could influence future dividend distributions?

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