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Palmer Square Capital BDC (PSBD) Dividend Yield, Date & History

Palmer Square Capital BDC logo
$15.94 +0.04 (+0.25%)
(As of 12/20/2024 04:33 PM ET)

Palmer Square Capital BDC Dividend Summary

Dividend Yield
10.54%
Annual Dividend
$1.68
Next
Dividend Payment
Jan. 13
Dividend Payout Ratio
87.50%

Palmer Square Capital BDC (PSBD) pays an annual dividend of $1.68 per share, with a dividend yield of 10.54%. The next n/a payment of $0.42 per share is scheduled for Monday, January 13, to investors who own the stock before the ex-dividend date of Friday, December 27. The company currently pays out 87.50% of its earnings and 93.27% of its cash flow as dividends.

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PSBD Dividend Payments by Quarter

The chart below displays up to four years of Palmer Square Capital BDC's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

PSBD Dividend Yield Over Time

The chart below tracks Palmer Square Capital BDC's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Palmer Square Capital BDC vs. The Competition

Compare Palmer Square Capital BDC's annual dividend, yield, and 3-year growth rate with averages for Finance and NYSE companies to evaluate its performance against the market.

TypePalmer Square Capital BDCFinance CompaniesNYSE Companies
Annual Dividend$1.68$0.02$1.39
Dividend Yield10.54%9.85%3.59%
Annualized 3-Year Dividend Growth0.00%12.89%15.78%

Palmer Square Capital BDC Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings87.50%
Based on This Year's Estimate85.71%
Based on Next Year's Estimate91.80%
Based on Cashflow93.27%

Palmer Square Capital BDC Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/5/2024Quarterly$0.42 - 10.49%12/27/202412/27/20241/13/2025
9/23/2024Quarterly$0.42 - 10.31%9/27/20249/27/202410/14/2024
6/20/2024quarterly$0.42+$0.35
500.00%
10%6/28/20246/28/20247/16/2024
3/20/2024--$0.07 - 3.42%3/27/20243/28/20244/10/2024

This table shows Palmer Square Capital BDC's dividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Palmer Square Capital BDC Dividend - Frequently Asked Questions

The current dividend yield for Palmer Square Capital BDC is 10.54%. Learn more on PSBD's dividend yield history.

The annual dividend for PSBD shares is $1.68. Learn more on PSBD's annual dividend history.

Palmer Square Capital BDC pays n/a dividends to shareholders.

Palmer Square Capital BDC's next n/a dividend payment of $0.42 per share will be made to shareholders on Monday, January 13, 2025.

Palmer Square Capital BDC's most recent n/a dividend payment of $0.42 per share was made to shareholders on Monday, October 14, 2024.

Palmer Square Capital BDC's next ex-dividend date is Friday, December 27, 2024.

Palmer Square Capital BDC's most recent ex-dividend date was Friday, September 27, 2024.

The most recent change in the company's dividend was an increase of $0.35 on Thursday, June 20, 2024.

The dividend payout ratio for PSBD is:
  • 87.50% based on the trailing year of earnings
  • 85.71% based on this year's estimates
  • 91.80% based on next year's estimates
  • 93.27% based on cash flow

Palmer Square Capital BDC's dividend yield of 10.57% is higher than the average Finance company that issues a dividend. PSBD has a dividend yield higher than 75% of all dividend-paying stocks 5.63, making it a leading dividend payer. Palmer Square Capital BDC's dividend payout ratio of 87.50% may not be sustainable.

Looking at the stock as a whole, market analysts rate Palmer Square Capital BDC stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:PSBD) was last updated on 12/21/2024 by MarketBeat.com Staff
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