Palmer Square Capital BDC reports Q1 NAV decline to $13.30/share, cuts Q2 dividend to $0.36

Filed May 7, 2026 · Period ending May 7, 2026 · ~1 min read

Key Changes

• high

  NAV per share fell 10.4% to $13.30 from $14.85 at year-end 2025, driven by $48.3 million in net realized and unrealized losses on investments. Total return for the quarter was negative 7.22%.

  Exhibit 99.1 verify on EDGAR →
• high

  Net investment income declined to $0.35/share from $0.40/share in Q1 2025. Board declared Q2 base dividend of $0.36/share (down $0.01 from Q1), payable July 13 to shareholders of record June 26. Supplemental dividend expected in June.

  Exhibit 99.1 verify on EDGAR →
• medium

  Debt-to-equity ratio increased from 1.54x at year-end 2025 to 1.70x at March 31, 2026, with total debt of $702.3 million and available liquidity of $325.3 million.

  Exhibit 99.1 verify on EDGAR →