Palmer Square Capital BDC Inc. (PSBD) to Issue Quarterly Dividend of $0.42 on January 13th

Palmer Square Capital BDC Inc. (NYSE:PSBD) announced a quarterly dividend on Tuesday, November 5th,Zacks Dividends reports. Shareholders of record on Friday, December 27th will be given a dividend of 0.42 per share on Monday, January 13th. This represents a $1.68 dividend on an annualized basis and a yield of 10.67%. The ex-dividend date is Friday, December 27th.

Palmer Square Capital BDC Stock Performance

Shares of PSBD stock opened at $15.75 on Wednesday. Palmer Square Capital BDC has a 1 year low of $15.27 and a 1 year high of $17.12. The business’s fifty day moving average is $15.95 and its 200-day moving average is $16.18. The stock has a market cap of $514.19 million and a PE ratio of 8.20.

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.