Dividend Information About Palmer Square Capital BDC: Everything You Need to Know Before Its Ex-Dividend Date on Sep 26, 2025

Palmer Square Capital BDC (PSBD) recently announced a new cash dividend of $0.36000000 per share, marking a significant increase compared to the average of its last 10 dividends, which stood at $0.22666667 per share. The company declared this dividend on Aug 6, 2025, with the ex-dividend date scheduled for Sep 26, 2025, and the payment to be distributed on Oct 14, 2025. This represents a notable jump from its most recent dividend of $0.06000000 per share, which was paid on Jul 14, 2025. Investors should take note that Sep 26, 2025, will be the last day for investors to purchase shares and qualify for this dividend—any purchase after this date will not be eligible to receive the upcoming payout.

Recently, several developments have influenced PSBD’s market dynamics. Over the past week, the company’s stock opened at $13.43 on Monday, Sep 22, 2025, reflecting a position between its 12-month low of $11.51 and its 12-month high of $16.43. Additionally, Confluence Investment Management LLC recently reduced its stake in PSBD by 79.5% during the second quarter, signaling a potential shift in institutional confidence. Meanwhile, analysts have highlighted that the company currently pays out 257.1% of its earnings as dividends, raising concerns about the sustainability of its payout model and the firm’s ability to maintain its current dividend rate without adequate earnings support.

Since the last update, these factors have contributed to a more cautious market outlook. The firm’s high dividend yield appears to come at the expense of its earnings coverage, which could pose a long-term risk if earnings do not improve. Institutional investors' reduced stakes may also reflect broader concerns about the company’s financial health and its capacity to balance dividend obligations with operational growth. As of late, these developments have reinforced the need for investors to closely monitor the company’s earnings reports and cash flow stability.

In conclusion, while the recent dividend increase is a positive signal for income-focused investors, the underlying fundamentals and institutional activity suggest a need for careful evaluation. The ex-dividend date of Sep 26, 2025, marks the final opportunity for investors to secure this dividend, but long-term considerations should include the company’s financial sustainability and broader market sentiment.