Palmer Square Capital: New BDC With Already Attractive Investment Case [Seeking Alpha]
Palmer Square Capital BDC Inc. (PSBD)
Company Research
Source: Seeking Alpha
Summary Palmer Square Capital BDC was made public just back in January 2024. Even though there is a limited track-record for PSBD as a publicly traded BDC, the fundamentals are already there to support a bullish thesis. In this article I elaborate on the key strengths and some of the drawbacks of PSBD. cemagraphics Palmer Square Capital BDC Inc. ( NYSE: PSBD ) is a relatively new BDC that was made public in January this year. Although it is still fresh and with a limited public track-record, looking at the fundamentals and the business model, it looks like a very enticing BDC for defensive yield-seeking investors to consider. So far, PSBD has delivered total returns that are almost perfectly in line with the BDC index. Here we can note that PSBD did not experience a negative downturn after the release of its recent earnings report as many BDCs out there that have suffered from yield erosion and increasing non-accruals - e.g., Oaktree Specialty Lending ( OCSL ) and BlackRo
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PSBD
News
- Palmer Square Capital BDC Inc (PSBD) Q3 2024 Earnings Call Highlights: Strong Income Growth ... [Yahoo! Finance]Yahoo! Finance
- Palmer Square Capital BDC Inc. Announces Third Quarter 2024 Financial ResultsBusiness Wire
- Earnings To Watch: Palmer Square Capital BDC Inc (PSBD) Reports Q3 2024 Result [Yahoo! Finance]Yahoo! Finance
- Palmer Square Capital BDC Announces Third Quarter 2024 Earnings Release and Conference CallBusiness Wire
- Palmer Square Capital BDC Announces Third Quarter 2024 Supplemental Dividend of $0.05Business Wire
PSBD
Earnings
- 11/5/24 - In-Line
PSBD
Sec Filings
- 11/19/24 - Form 8-K
- 11/15/24 - Form DEF
- 11/5/24 - Form 8-K
- PSBD's page on the SEC website