Palmer Square Capital BDC Inc. is rated a BUY, currently trading at a 27% discount to its net asset value (NAV) and offering a forward dividend yield of 16.4%. The dividend is fully covered by net investment income, supported by a low nonaccrual rate of 0.29% on its loan book and a well-secured asset portfolio. The recent decline in NAV is mainly due to software loan devaluation linked to fears of AI disruption, but management expects fundamentals to improve and has increased share repurchases. Consensus forecasts suggest stable NAV and dividends through 2027, with management confident that the current valuation discounts are unwarranted.
Palmer Square Capital BDC Inc. is the subject of this update, provided here with relevant market data for context. For readers following the Financials sector, 85 of 118 priced US stocks rose while 30 fell on Pluang. Notable movers include TCPC at USD 4.04 with a 2.41% increase and a typical hold time of 88 days, PGR at USD 219.02 up 2.29% with 97% sell order activity, and VLY at USD 12.76 rising 2.24% with 100% buy order activity. This data is as of Oct 09, 2026 13:11 WIB.
At Malaysia's IGEM 2026, Sigenergy showcased its latest AI-driven energy technologies, including smart storage and inverter systems, highlighting its role in advancing sustainable energy. The company also signed MOUs with local partners Milieu and YT...
NEAR Protocol traded at $4.93 on October 10, 2026, rising 8.6% after a sharp 16.37% drop the day before. Despite a 97.5% gain over 30 days, the price has been volatile and flat over the past two weeks, fluctuating within a narrow range. This volatili...
U.S. bitcoin spot ETFs reversed two days of outflows with $21.13 million in net inflows on October 9, 2026. Among 12 ETFs, IBIT and HODL attracted inflows of $22.38 million and $2.33 million respectively, while FBTC saw outflows of $3.58 million. The...
U.S. spot Ethereum ETFs experienced net outflows for the ninth consecutive trading day on October 9, with $56.1 million withdrawn, narrowing from $72.54 million the previous day. This streak began on September 29, reflecting ongoing investor caution ...
Two addresses on the Aster decentralized exchange (DEX) currently hold long positions totaling 7.2 million SYN tokens, valued at $1.34 million. These positions have unrealized gains of approximately $450,000, with the highest reported return reaching...
