Palmer Square Capital BDC (PSBD) Q2 FY26 earnings call

Palmer Square Capital BDC delivered solid net investment income in Q2 FY26, matching its dividend payout, and proactively enhanced shareholder value by expanding its share repurchase program and refinancing its BDC CLO at a lower cost. Despite a fluid macro environment and subdued market activity, the company maintained strong credit quality and a disciplined capital allocation approach, positioning itself to capitalize on future investment opportunities as market conditions improve.