PSBD 8-K
Palmer Square Capital BDC Inc. (PSBD)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT
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Securities Exchange Act of 1934
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Item 8.01. Other Events.
On September 23, 2024, Palmer Square Capital BDC Inc. (the “Company”) issued a press release announcing the declaration of a third quarter 2024 supplemental dividend of $0.05 per share. The third quarter 2024 supplemental dividend is payable on October 14, 2024 to stockholders of record as of September 27, 2024. The supplemental dividend will be paid out of the excess of the Company’s quarterly undistributed net investment income, above the previously declared third quarter 2024 base dividend of $0.42 per share, which is payable on October 14, 2024 to shareholders of record as of September 27, 2024.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
| 99.1 | Press release dated September 23, 2024 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, Palmer Square Capital BDC Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| PALMER SQUARE CAPITAL BDC INC. | ||
| Date: September 23, 2024 | By: | /s/ Jeffrey D. Fox |
| Name: | Jeffrey D. Fox | |
| Title: | Chief Financial Officer | |
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Exhibit 99.1
Palmer Square Capital BDC Announces Third Quarter 2024
Supplemental Dividend of $0.05
MISSION WOODS, Kansas, September 23, 2024 — 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.
Contacts
Investors
Andy Wedderburn-Maxwell
Palmer Square Capital BDC Inc.
+1 (913)-386-9006
[email protected]
Media
Josh Clarkson
Prosek Partners
[email protected]