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palmer square capital bdc sees increased holdings but dividend concerns arise
Palmer Square Capital BDC Inc. has seen significant increases in stock holdings from Bank of New York Mellon Corp and Hennion & Walsh Asset Management, with the latter raising its stake by 73% in the fourth quarter. The company recently announced a quarterly dividend of $0.36, yielding 10.03%, despite a high payout ratio of 97.30%. Currently, the stock has a Moderate Buy rating, but top analysts recommend five other stocks as better investment options.
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