Nuveen Churchill Direct Lending (NCDL) vs Palmer Square Capital BDC (PSBD)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Nuveen Churchill Direct Lending is the larger company by market cap ($536.3 million vs $296.7 million), about 1.8 times the size. On valuation, Palmer Square Capital BDC trades at a lower forward P/E (6.3x vs 7.1x for Nuveen Churchill Direct Lending).
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | NCDL | PSBD |
|---|---|---|
| Share price | $10.86 | $9.68 |
| Market cap | $536.34M | $296.70M |
| 1-day change | +1.59% | +1.15% |
| YTD return | -19.87% | — |
| 1-year return | -21.57% | — |
| P/E ratio (TTM) | 11.43 | — |
| Forward P/E | 7.07 | 6.33 |
| EPS (TTM) | $0.95 | $-1.00 |
| Dividend yield | 14.22% | 15.06% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $15.07 | $12.97 |
| 52-week low | $10.54 | $9.34 |
| Distance from 52-week high | -27.94% | -25.37% |
| Analyst consensus | none | none |
| Avg. price target upside | +26.15% | +11.47% |
| Average volume | 197.03K | 120.36K |
| Shares outstanding | 49.39M | 30.65M |
| Sector | Financial Services | Financial Services |
| Industry | Asset Management | Asset Management |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
About Nuveen Churchill Direct Lending
NCDL stock →Nuveen Churchill Direct Lending Corp. (the Company) is business development company and was formed on March 13, 2018, as a limited liability company under the laws of the State of Delaware and was converted into a Maryland corporation on June 18, 2019 prior to the commencement of operations.
Financial Services · Asset Management
About Palmer Square Capital BDC
PSBD stock →Palmer Square Capital BDC Inc. is a business development company specializing in direct investment.
Financial Services · Asset Management
NCDL vs PSBD FAQ
Which is bigger, Nuveen Churchill Direct Lending or Palmer Square Capital BDC?
Nuveen Churchill Direct Lending (NCDL) is larger, with a market capitalization of $536.34M compared with $296.70M for Palmer Square Capital BDC (PSBD).
Which pays a higher dividend, Nuveen Churchill Direct Lending or Palmer Square Capital BDC?
Palmer Square Capital BDC has the higher yield at 15.06%, compared with 14.22% for Nuveen Churchill Direct Lending.
Are Nuveen Churchill Direct Lending and Palmer Square Capital BDC in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.