Palmer Square Capital BDC Announces Q3 2024 Supplemental Dividend Of $0.05 Per Share
Portfolio Pulse from Benzinga Newsdesk
Palmer Square Capital BDC Inc. (NYSE:PSBD) has announced a Q3 2024 supplemental dividend of $0.05 per share, in addition to its base dividend of $0.42 per share. Both dividends are payable on October 14, 2024, to shareholders of record as of September 27, 2024.
September 23, 2024 | 1:16 pm
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Palmer Square Capital BDC has declared a supplemental dividend of $0.05 per share for Q3 2024, in addition to a base dividend of $0.42 per share. This indicates strong financial performance and shareholder returns.
The announcement of a supplemental dividend suggests that Palmer Square Capital BDC has excess net investment income, indicating strong financial health. This is likely to positively impact investor sentiment and the stock price in the short term.
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