PSBD Dividend History & Yield

Palmer Square Capital BDC Inc. · NYSE

Stock Financial Services Quarterly payer BDCHigh yield
$9.76
-0.10% today
as of Oct 24, 2026
TTM yield
16.09%
$1.57/share over the last 12 months
Forward yield
15.57%
$1.52/share indicated annual rate
Annual dividend
$1.52
per share, forward
Per payment
$0.38
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Dec 25, 2026 Estimated
in 61 days
Next pay date
Jan 8, 2027
in 75 days
Last ex-dividend date
Sep 25, 2026
$0.38 per share
Payout ratio
398%
of earnings
Market cap
299.2M
P/E n/a
5y dividend CAGR
n/a
needs 6+ years of history
Growth streak
0 yrs
no current streak
Years paying
2.6
since Mar 27, 2024
1y total return
-7.7%
price -20.5% + dividends 12.8%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Fri, Dec 25, 2026 (in 61 days) Jan 8, 2027 $0.38 $38.00 Estimated
Fri, Mar 26, 2027 (in 152 days) Apr 9, 2027 $0.38 $38.00 Estimated
Fri, Jun 25, 2027 (in 243 days) Jul 9, 2027 $0.38 $38.00 Estimated
Fri, Sep 24, 2027 (in 334 days) Oct 8, 2027 $0.38 $38.00 Estimated

Estimated dates and amounts are projected from PSBD's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $1.52 per share.

Dividend payment history

Last 11 payments per share. RegularSpecial

Last 11 payments per share from Mar 27, 2024 to Sep 25, 2026; most recent $0.38$0.00$0.30$0.60Mar 27, 2024: $0.49Mar '24Jun 28, 2024: $0.47Sep 27, 2024: $0.47Sep '24Dec 27, 2024: $0.48Mar 28, 2025: $0.39Mar '25Jun 27, 2025: $0.42Sep 26, 2025: $0.42Sep '25Dec 29, 2025: $0.43Mar 27, 2026: $0.37Mar '26Jun 26, 2026: $0.39Sep 25, 2026: $0.38Sep '26

Annual dividends per share

Annual dividend per share by calendar year, 2024 to 2026 (year to date)$0.00$1.25$2.502024: $1.91$1.9120242025: $1.66$1.6620252026 (YTD): $1.14$1.142026 YTD

How much PSBD do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month790$7,705$1,200
$500 / month3,948$38,526$6,000
$1,000 / month7,895$77,053$12,000

Based on the forward yield of 15.57%. $10,000 in PSBD would currently pay about $1,557 a year ($130 a month on average). Model reinvestment and growth →

PSBD dividend history

Download CSV
Ex-datePay dateAmountChange
Sep 25, 2026 — $0.38 -2.6%
Jun 26, 2026 — $0.39 +5.4%
Mar 27, 2026 — $0.37 -14.0%
Dec 29, 2025 — $0.43 +2.4%
Sep 26, 2025 — $0.42 +0.0%
Jun 27, 2025 — $0.42 +7.7%
Mar 28, 2025 — $0.39 -18.7%
Dec 27, 2024 — $0.48 +2.1%
Sep 27, 2024 — $0.47 +0.0%
Jun 28, 2024 — $0.47 -4.1%
Mar 27, 2024 — $0.49 —

PSBD dividend increases & cuts

Market-wide changes →
Ex-dateChangeOldNewStatus
Mar 27, 2026 Cut 14.0% $0.43 $0.37 Paid

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicElevated risk

PSBD scores 85/100 on our yield-trap heuristic (elevated risk).

4 warning flags raised:

  • Payout ratio above 100% of earnings
  • Yield above 12%, far above market norms
  • Payment was cut within the last 5 years
  • Share price down more than 15% over 1 year

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Palmer Square Capital BDC Inc.

Palmer Square Capital BDC Inc. is a business development company specializing in direct investment. The Fund prefers to invest in corporate debt securities, collateralized loan obligation, and structured credit. The Fund prefers to invest in the United States.

Sector: Financial Services. Industry: Asset Management. First dividend on our records: Mar 27, 2024. 11 payments tracked. Data last refreshed Oct 24, 2026. Spotted a mistake? Report it and we'll fix it.

PSBD dividend FAQ

When is PSBD's next ex-dividend date?

PSBD's next ex-dividend date is Dec 25, 2026 (in 61 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.38 per share, expected on Jan 8, 2027.

How often does PSBD pay dividends?

PSBD pays dividends every quarter, 4 times a year. The most recent payment was $0.38 per share with an ex-date of Sep 25, 2026.

What is PSBD's dividend yield?

PSBD's trailing 12-month dividend yield is 16.09%, based on $1.57 per share paid over the last year and a share price of $9.76. The forward yield, using the indicated annual rate of $1.52 per share, is 15.57%.

How much does PSBD pay per share?

PSBD pays about $0.38 per share each quarter, which works out to roughly $1.52 per share a year. 100 shares would collect about $152.00 a year.

Has PSBD grown or cut its dividend?

Over the last year the regular payout changed -8.2%. PSBD did cut a regular payment within the last 5 years.

How many shares of PSBD do I need to earn $100 a month?

At the current forward yield of 15.57%, you would need about 790 shares of PSBD (roughly $7,705 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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