earnings
confidence high
sentiment neutral
materiality 0.60
Palmer Square BDC Q1 NII $0.52/share; declares $0.42 base dividend for Q2
Palmer Square Capital BDC Inc.
2024-Q1 EPS reported
$0.52
- Total investment income $34.8M, up from $26.2M in Q1 2023.
- Net investment income $16.3M ($0.52/share) vs $13.6M ($0.55/share) prior year.
- NAV per share $17.16, up from $17.04 at Dec 31, 2023; portfolio yield 10.11%.
- Declared Q2 base dividend of $0.42/share, payable July 16, 2024.
- PSBD CLO I of $400.5M priced on April 24, scheduled to close May 23, 2024.