secwatch.observer — SEC 8-K summary
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Issuer:     Palmer Square Capital BDC Inc. (PSBD)
CIK:        0001794776
Form:       8-K
Filed at:   2025-11-05T23:59:59+00:00
Accession:  0001193125-25-266983
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Palmer Square Capital BDC Q3 NII $0.43/share, down from $0.48 YoY; declares Q4 base dividend $0.36
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- Net investment income $13.6M ($0.43/share) vs $15.7M ($0.48/share) in Q3 2024, down 13%.
- Total investment income $31.7M in Q3 2025, down from $37.3M YoY; PIK income only $360.9K (1.14%).
- NAV per share $15.39 at Sept 30, down from $15.68 at June 30 and $16.61 a year ago.
- Declared Q4 2025 base dividend $0.36/share, payable Jan 14, 2026 to holders of record Dec 29, 2025.
- Portfolio yield 10.07%; 99.6% of portfolio income producing; two companies on non-accrual.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1794776/000119312525266983/0001193125-25-266983-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1794776/000119312525266983/psbd-20251105.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-266983

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer