---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-029493"
form_type: "8-K"
ticker: "PSBD"
cik: "0001794776"
company_name: "Palmer Square Capital BDC Inc."
filed_at: "2025-02-28T23:59:59+00:00"
generated_at: "2026-05-25T23:51:25.242404+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Palmer Square Capital BDC Q4 NII $0.45/share; NAV $16.50; declares $0.36 base dividend

## Summary
- Q4 2024 total investment income of $34.9M, up from $29.8M in Q4 2023.
- Net investment income of $14.8M ($0.45/share) vs. $15.4M ($0.58) in prior-year quarter.
- NAV per share of $16.50 as of Dec 31, 2024, down from $16.61 as of Sep 30, 2024.
- Debt-to-equity of 1.50x; 99.92% of portfolio income-producing; only 0.08% on non-accrual.
- Declared Q1 2025 base dividend of $0.36/share, payable Apr 10, 2025; supplemental expected in March.

## SEC filing metadata
- accession: 0000950170-25-029493
- form_type: 8-K
- ticker: PSBD
- cik: 0001794776
- company_name: Palmer Square Capital BDC Inc.
- filed_at: 2025-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1794776/000095017025029493/0000950170-25-029493-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1794776/000095017025029493/psbd-20250227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-029493
- JSON: https://secwatch.observer/filing/0000950170-25-029493.json
- Plain text: https://secwatch.observer/filing/0000950170-25-029493.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.