1 min read
Add as a preferred source on Google

Palmer Square Capital BDC’s Q3 Net Investment Income Falls to $11.6 Million

Net investment income was 38 cents per share. Total investment income declined to $26.6 million from $31.7 million.

A blank share certificate beside two brass columns of unequal height / TokenPost.ai
A blank share certificate beside two brass columns of unequal height / TokenPost.ai

Palmer Square Capital BDC Inc. recorded lower third-quarter income across its reported measures, with net investment income and total investment income both below year-earlier levels.

Net investment income was $11.6 million, down from $13.6 million in the same period a year earlier. On a per-share basis, it was 38 cents, compared with 43 cents.

Total investment income came to $26.6 million for the quarter, down from $31.7 million a year earlier.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…