Palmer Square Capital BDC Q4 investment income falls

Palmer Square Capital BDC

26/02/2026 12:17

Overview

Business development company's Q4 2025 investment income fell compared to prior year

Net investment income per share for Q4 2025 decreased from last year

Company declared Q1 2026 base dividend, supplemental dividend expected in March

Outlook

Palmer Square Capital BDC expects to announce a supplemental dividend in March 2026

Company anticipates strong outcomes due to disciplined underwriting and diversified portfolio

Result Drivers

LOW NON-ACCRUAL RATE - Co maintained a low non-accrual rate, reflecting solid credit performance in a normalizing environment

HEALTHY PIPELINES - Co reported healthier pipelines in broadly syndicated and private credit markets compared to last year

INCREASED PORTFOLIO YIELD - Portfolio yield increased to 11.30% from 10.07% in the previous quarter, indicating higher returns from investments

Company press release: ID:nBwrxRhxa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Net Asset Value Per Share
$14.85


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the closed end funds peer group is "buy."

Wall Street's median 12-month price target for Palmer Square Capital BDC Inc is $13.00, about 18% above its February 25 closing price of $11.02

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)