Palmer Square Capital BDC Posts Q1 Profit, Holds NAV, Sets Q2 Dividend

Overview

• Palmer Square Capital BDC reported $26.2 million in total investment income and $11 million in net investment income, equal to $0.35 per share.
• The lender, which focuses on first‑lien and other senior secured loans across 44 industries, deployed $109.4 million during the quarter.
• The board set a $0.36 per share base dividend for the second quarter and repurchased 140,149 shares for $1.6 million.
• Net asset value held at $13.30 per share, a monthly figure that helps investors track loan values and credit health.
• Management expects software and AI‑affected loan markets to steady, which could open more investment and refinancing opportunities, with a Q2 results update planned for August.