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Palmer Square Capital BDC Announces Third Quarter 2024 Supplemental Dividend of $0.05

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Palmer Square Capital BDC Inc. (NYSE: PSBD) has announced a supplemental dividend of $0.05 per share for the third quarter of 2024. This dividend will be paid to shareholders of record as of September 27, 2024, with the payment date set for October 14, 2024. The supplemental dividend is in addition to the company's base dividend of $0.42 per share for the same quarter, which will be paid on the same date to the same group of shareholders.

The supplemental dividend is being funded from the excess of Palmer Square's quarterly undistributed net investment income, above the base dividend amount. This announcement demonstrates the company's ability to generate income beyond its regular dividend commitment.

Palmer Square Capital BDC Inc. (NYSE: PSBD) ha annunciato un dividendo supplementare di 0,05 $ per azione per il terzo trimestre del 2024. Questo dividendo sarà pagato agli azionisti registrati al 27 settembre 2024, con data di pagamento fissata per il 14 ottobre 2024. Il dividendo supplementare si aggiunge al dividendo base di 0,42 $ per azione per lo stesso trimestre, che verrà pagato nella stessa data al medesimo gruppo di azionisti.

Il dividendo supplementare è finanziato dall'eccedenza del reddito netto di investimento non distribuito trimestrale di Palmer Square, oltre l'importo del dividendo base. Questo annuncio dimostra la capacità dell'azienda di generare reddito oltre il suo impegno regolare di dividendi.

Palmer Square Capital BDC Inc. (NYSE: PSBD) ha anunciado un dividendo suplementario de 0,05 $ por acción para el tercer trimestre de 2024. Este dividendo se pagará a los accionistas registrados hasta el 27 de septiembre de 2024, con la fecha de pago programada para el 14 de octubre de 2024. El dividendo suplementario es un adicional al dividendo base de 0,42 $ por acción para el mismo trimestre, que se pagará en la misma fecha al mismo grupo de accionistas.

El dividendo suplementario se financia con el excedente del ingreso neto de inversión no distribuido trimestral de Palmer Square, superior al monto del dividendo base. Este anuncio demuestra la capacidad de la empresa para generar ingresos más allá de su compromiso regular de dividendos.

팔머 스퀘어 캐피탈 BDC Inc. (NYSE: PSBD)는 2024년 3분기에 대한 추가 배당금으로 주당 0.05 $를 발표했습니다. 이 배당금은 2024년 9월 27일 기준의 주주에게 지급되며, 지급일은 2024년 10월 14일로 설정되어 있습니다. 추가 배당금은 동일 분기 동안 주당 0.42 $의 기본 배당금에 추가되는 것으로, 같은 날에 같은 주주 그룹에게 지급됩니다.

추가 배당금은 팔머 스퀘어의 분기별 미지급 순 투자 수익의 잉여로 자금을 조달하고 있으며, 이는 기본 배당금 금액을 초과합니다. 이 발표는 회사가 정기 배당금 의무를 넘어 수익을 창출할 수 있는 능력을 보여줍니다.

Palmer Square Capital BDC Inc. (NYSE: PSBD) a annoncé un dividende supplémentaire de 0,05 $ par action pour le troisième trimestre de 2024. Ce dividende sera versé aux actionnaires inscrits à la date du 27 septembre 2024, la date de paiement étant fixée au 14 octobre 2024. Le dividende supplémentaire s'ajoute au dividende de base de 0,42 $ par action pour le même trimestre, qui sera payé à la même date au même groupe d'actionnaires.

Le dividende supplémentaire est financé par l'excédent du revenu net d'investissement non distribué trimestriel de Palmer Square, au-delà du montant du dividende de base. Cette annonce démontre la capacité de l'entreprise à générer des revenus au-delà de son engagement régulier en matière de dividendes.

Palmer Square Capital BDC Inc. (NYSE: PSBD) hat eine zusätzliche Dividende von 0,05 $ pro Aktie für das dritte Quartal 2024 angekündigt. Diese Dividende wird an die Aktionäre ausgezahlt, die am 27. September 2024 registriert sind, wobei der Auszahlungstermin auf den 14. Oktober 2024 festgelegt ist. Die zusätzliche Dividende kommt zu der Basisdividende von 0,42 $ pro Aktie für dasselbe Quartal hinzu, die am selben Datum an dieselbe Gruppe von Aktionären gezahlt wird.

Die zusätzliche Dividende wird aus dem Überschuss des vierteljährlichen nicht ausgeschütteten Nettoinvestitionseinkommens von Palmer Square finanziert, das über dem Betrag der Basisdividende liegt. Diese Ankündigung zeigt die Fähigkeit des Unternehmens, Einkünfte über die reguläre Dividendenverpflichtung hinaus zu generieren.

Positive
  • Declared a supplemental dividend of $0.05 per share for Q3 2024
  • Maintaining a base dividend of $0.42 per share for Q3 2024
  • Excess quarterly undistributed net investment income available for supplemental dividend
Negative
  • None.

MISSION WOODS, Kan.--(BUSINESS WIRE)-- Palmer Square Capital BDC Inc. (NYSE: PSBD) ("Palmer Square" or the "Company"), an externally managed business development company, today announced that its Board of Directors has declared a third quarter 2024 supplemental dividend of $0.05 per share. Shareholders of record as of September 27, 2024 will receive the supplemental dividend, payable on October 14, 2024.

The supplemental dividend will be paid out of the excess of the Company’s quarterly undistributed net investment income, above the third quarter 2024 base dividend of $0.42 per share, payable on October 14, 2024, to shareholders of record as of September 27, 2024.

About Palmer Square Capital BDC Inc.

Palmer Square Capital BDC Inc. (NYSE: PSBD) is an externally managed, non-diversified closed-end management investment company that primarily lends to and invests in corporate debt loans, including but not limited to large private U.S. companies in the broadly syndicated loan market, as well as the direct large cap private credit market. PSBD has elected to be regulated as a business development company under the Investment Company Act of 1940. PSBD’s investment objective is to maximize total return, comprised of current income and capital appreciation. PSBD’s current investment focus is guided by two strategies that facilitate its investment opportunities and core competencies: (1) investing in corporate debt loans and, to a lesser extent, (2) investing in other debt securities which may include collateralized loan obligation debt and equity. PSBD’s investment activities are managed by its investment adviser, Palmer Square BDC Advisor LLC, an affiliate of Palmer Square Capital Management LLC.

Investors

Andy Wedderburn-Maxwell

Palmer Square Capital BDC Inc.

+1 (913)-386-9006

Investors@palmersquarebdc.com

Media

Josh Clarkson

Prosek Partners

PSBD@prosek.com

Source: Palmer Square Capital BDC Inc.

FAQ

What is the total dividend amount for PSBD in Q3 2024?

The total dividend amount for Palmer Square Capital BDC (PSBD) in Q3 2024 is $0.47 per share, consisting of a $0.42 base dividend and a $0.05 supplemental dividend.

When is the record date for PSBD's Q3 2024 dividend?

The record date for Palmer Square Capital BDC's (PSBD) Q3 2024 dividend is September 27, 2024.

What is the payment date for PSBD's Q3 2024 dividend?

The payment date for Palmer Square Capital BDC's (PSBD) Q3 2024 dividend is October 14, 2024.

Why is PSBD paying a supplemental dividend for Q3 2024?

PSBD is paying a supplemental dividend due to excess quarterly undistributed net investment income above the base dividend amount.

Palmer Square Capital BDC Inc.

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United States of America
MISSION WOODS