Palmer Square Capital BDC Inc. (PSBD) is rated a hold because its net asset value (NAV) fell 15.8% over the past year, mostly in Q1 2026, raising concerns about the quality of its portfolio. Dividend coverage is weak, with the dividend payout matching net investment income (DPS-to-NII ratio) at just 100% last quarter, and previous dividend cuts have cast doubt on sustainability. Despite a low price-to-book value of 0.73 and some analyst optimism, better business development company (BDC) investment opportunities exist, leading to a cautious stance on PSBD.
Palmer Square Capital BDC's recent performance contrasts with broader Financials-sector activity on Pluang. As of Oct 23, 2026 00:02 WIB, 76 of 142 Financials stocks rose while 66 fell. Notably, Blackstone Inc (BX) gained 6.45% with 100% buy orders and a typical hold time of 97 days, whereas BitMine Immersion Technologies Inc (BMNR) dropped 6.87% with balanced buy/sell orders and a 2-day hold time. Nasdaq Inc (NDAQ) also rose 6.36% but saw 79% sell orders and a longer hold time of 127 days.
Remittix is set to add 41 new fiat currencies to its PayFi ecosystem, enhancing crypto-to-bank and bank-to-crypto transactions globally ahead of its November 24 RTX launch. This expansion aims to support more international markets and users, includin...
First Pacific Bancorp announced solid third quarter 2026 results, with total assets reaching $532 million, up $42 million from year-end 2025. Deposits increased to $449 million, and loans grew to $362 million, reflecting steady balance sheet expansio...
ICEYE and Nokia have signed a Letter of Intent with Ukraine's Ministry of Defence to collaborate on building sovereign satellite communication capabilities. This partnership aims to enhance Ukraine's defense by providing secure, high-performance sate...
Dayton T. Brown, Inc. inaugurated its new 104,000-square-foot Test & Qualification Center in Huntsville, Alabama, enhancing its capacity to support aerospace, defense, and propulsion programs. The facility's strategic location near Huntsville's aeros...
A new study by The Grossman Group reveals that while 60% of chief communications officers (CCOs) have influence at the leadership level, their communications functions lack the necessary systems, skills, and AI capabilities to fully meet their mandat...
