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

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

Photo: TokenPost

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

Source: TokenPost

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