Palmer Square Capital BDC Inc. Announces Quarterly Dividend of $0.36 (NYSE:PSBD)

Palmer Square Capital BDC Inc. (NYSE:PSBD) announced a quarterly dividend on Thursday, February 27th, Wall Street Journal reports. Shareholders of record on Friday, March 28th will be given a dividend of 0.36 per share on Thursday, April 10th. This represents a $1.44 dividend on an annualized basis and a yield of 9.35%. The ex-dividend date of this dividend is Friday, March 28th.

Palmer Square Capital BDC Stock Performance

Shares of PSBD stock traded down $0.02 during mid-day trading on Friday, hitting $15.40. 55,782 shares of the stock were exchanged, compared to its average volume of 22,420. Palmer Square Capital BDC has a 12-month low of $14.99 and a 12-month high of $17.09. The stock’s fifty day simple moving average is $15.59 and its two-hundred day simple moving average is $15.91. The stock has a market capitalization of $502.76 million and a price-to-earnings ratio of 8.02.

About Palmer Square Capital BDC

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.