Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Palmer Square Capital BDC Inc. (PSBD)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$4.59 - $7.42$5.87
Multi-Stage$13.53 - $14.90$14.20
Blended Fair Value$10.03
Current Price$12.27
Upside-18.22%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019
DPS0.00%0.00%0.001.050.000.190.000.000.000.000.000.00
YoY Growth---100.00%0.00%-100.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--0.00%6.54%0.00%1.20%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)14.05
(-) Cash Dividends Paid (M)12.69
(=) Cash Retained (M)1.36
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)2.811.761.05
Cash Retained (M)1.361.361.36
(-) Cash Required (M)-2.81-1.76-1.05
(=) Excess Retained (M)-1.45-0.400.31
(/) Shares Outstanding (M)32.4132.4132.41
(=) Excess Retained per Share-0.04-0.010.01
LTM Dividend per Share0.390.390.39
(+) Excess Retained per Share-0.04-0.010.01
(=) Adjusted Dividend0.350.380.40
WACC / Discount Rate5.40%5.40%5.40%
Growth Rate-2.00%-1.00%0.00%
Fair Value$4.59$5.87$7.42
Upside / Downside-62.57%-52.18%-39.49%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)14.0513.9113.7713.6313.5013.3613.76
Payout Ratio90.32%90.25%90.19%90.13%90.06%90.00%92.50%
Projected Dividends (M)12.6912.5612.4212.2912.1612.0312.73

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.40%5.40%5.40%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)11.7911.9112.03
Year 2 PV (M)10.9611.1811.41
Year 3 PV (M)10.1810.4910.82
Year 4 PV (M)9.469.8510.25
Year 5 PV (M)8.799.259.72
PV of Terminal Value (M)387.46407.64428.65
Equity Value (M)438.64460.32482.88
Shares Outstanding (M)32.4132.4132.41
Fair Value$13.53$14.20$14.90
Upside / Downside10.29%15.74%21.42%

High-Yield Dividend Screener

« Prev Page 104 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
AVIO.MIAvio S.p.A.0.80%$0.2489.27%
DSOL.SGWisdomTree Solana0.80%$0.1219.79%
FLOB.BRFloridienne S.A.0.80%$5.0025.39%
GIGANTE.MXGrupo Gigante, S. A. B. de C. V.0.80%$0.2512.46%
MTC-R.BKMuangthai Capital Public Company Limited0.80%$0.258.48%
002606.SZDalian Insulator Group Co., Ltd0.79%$0.0717.61%
014620.KQSung Kwang Bend Co.,Ltd.0.79%$200.0215.66%
017370.KSWooshin Systems Co., Ltd.0.79%$49.692.66%
300701.SZSenba Sensing Technology Co.,Ltd.0.79%$0.1045.41%
300847.SZHG Technologies Co., Ltd.0.79%$0.1435.02%
301591.SZNanjing Comptech Composites Corp0.79%$0.3237.44%
5306.KLFarm Fresh Berhad0.79%$0.0233.34%
600339.SSChina Petroleum Engineering Corporation0.79%$0.0328.23%
601086.SSGansu Guofang Industry & Trade (Group) Co., Ltd.0.79%$0.0863.39%
603161.SSKehua Holdings Co., Ltd.0.79%$0.1122.02%
603606.SSNingbo Orient Wires & Cables Co.,Ltd.0.79%$0.4732.61%
605033.SSShaanxi Meibang Pharmaceutical Group Co., Ltd.0.79%$0.1672.35%
6463.TTPR Co., Ltd.0.79%$10.256.48%
DANR.MIDanieli & C. Officine Meccaniche S.p.A.0.79%$0.298.39%
GILLETTE.BOGillette India Limited0.79%$65.0036.90%
PAASPan American Silver Corp.0.79%$0.4023.99%
PDSL.BOPDS Limited0.79%$2.9238.22%
SNI.OLStolt-Nielsen Limited0.79%$2.5235.09%
002334.SZShenzhen INVT Electric Co.,Ltd0.78%$0.0720.17%
004140.KSDongbang Transport Logistics Co., Ltd.0.78%$20.037.69%
011070.KSLG Innotek Co., Ltd.0.78%$2,091.9017.12%
2276.HKShanghai Conant Optical Co., Ltd.0.78%$0.4222.72%
229640.KSLS Eco Energy Ltd.0.78%$278.8820.95%
300545.SZShenzhen Liande Automation Equipment co.,ltd.0.78%$0.2430.89%
300922.SZQinhuangdao Tianqin Equipment Manufacturing Co.,Ltd.0.78%$0.1866.08%
301011.SZGuangZhou Wahlap Technology Corporation Limited0.78%$0.2037.38%
3659.TNEXON Co., Ltd.0.78%$29.7521.18%
600360.SSJilin Sino-Microelectronics Co., Ltd.0.78%$0.0634.13%
605167.SSJiangsu Libert Inc.0.78%$0.1326.15%
6736.TSun Corporation0.78%$70.057.32%
688097.SSBOZHON Precision Industry Technology Co.,Ltd0.78%$0.2927.43%
688257.SSShareate Tools Ltd.0.78%$0.2731.76%
9766.TKonami Group Corporation0.78%$165.3826.44%
BBAR.BABanco BBVA Argentina S.A.0.78%$73.3713.95%
CUV.AXClinuvel Pharmaceuticals Limited0.78%$0.106.93%
NSIS-B.CONovozymes A/S0.78%$3.0889.95%
R3NK.BERENK Group AG0.78%$0.4241.42%
VIRP.PAVirbac S.A.0.78%$2.778.47%
002078.SZShandong Sunpaper Co., Ltd.0.77%$0.1210.77%
002225.SZPuyang Refractories Group Co., Ltd.0.77%$0.0446.81%
030610.KSKyobo Securities Co ., Ltd0.77%$72.256.71%
036200.KQUNISEM Co., Ltd.0.77%$80.0020.75%
300863.SZNingbo KBE Electrical Technology Co.,Ltd.0.77%$0.3942.01%
301498.SZGambol Pet Group Co., Ltd.0.77%$0.5030.03%
600577.SSTongling Jingda Special Magnet Wire Co., Ltd.0.77%$0.1034.21%