Palmer Square Capital BDC (PSBD) vs BlackRock TCP Capital (TCPC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
BlackRock TCP Capital is the larger company by market cap ($336.5 million vs $294.9 million), about 1.1 times the size. On valuation, Palmer Square Capital BDC trades at a lower forward P/E (6.3x vs 9.7x for BlackRock TCP Capital). BlackRock TCP Capital pays a dividend yielding 20.95%, while Palmer Square Capital BDC does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | PSBD | TCPC |
|---|---|---|
| Share price | $9.62 | $4.01 |
| Market cap | $294.86M | $336.45M |
| 1-day change | -0.72% | -0.50% |
| YTD return | — | -26.69% |
| 1-year return | — | -27.36% |
| 5-year return | — | -71.76% |
| Forward P/E | 6.29 | 9.66 |
| EPS (TTM) | $-0.99 | $-1.28 |
| Dividend yield | 14.97% | 20.95% |
| Annual dividend | $0.00 | $0.84 |
| 52-week high | $12.97 | $6.25 |
| 52-week low | $9.34 | $3.08 |
| Distance from 52-week high | -25.83% | -35.84% |
| Analyst consensus | none | hold |
| Avg. price target upside | +12.16% | +12.22% |
| Average volume | 115.11K | 744.69K |
| Shares outstanding | 30.65M | 83.90M |
| Sector | Financial Services | Finance |
| Industry | Asset Management | Finance/Investors Services |
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.
Key differences
- BlackRock TCP Capital offers a meaningfully higher dividend yield (20.95% vs 14.97%).
- The two companies sit in different sectors: Palmer Square Capital BDC in Financial Services and BlackRock TCP Capital in Finance.
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
About BlackRock TCP Capital
TCPC stock →BlackRock TCP Capital Corp. is a business development company specializing in direct equity and debt investments in middle-market, small businesses, debt securities, senior secured loans, junior loans, originated loans, mezzanine, senior debt instruments, bonds, and secondary-market investments.
Finance · Finance/Investors Services
PSBD vs TCPC FAQ
Which is bigger, Palmer Square Capital BDC or BlackRock TCP Capital?
BlackRock TCP Capital (TCPC) is larger, with a market capitalization of $336.45M compared with $294.86M for Palmer Square Capital BDC (PSBD).
Which pays a higher dividend, Palmer Square Capital BDC or BlackRock TCP Capital?
BlackRock TCP Capital has the higher yield at 20.95%, compared with 14.97% for Palmer Square Capital BDC.
Are Palmer Square Capital BDC and BlackRock TCP Capital in the same industry?
No. Palmer Square Capital BDC is in the Financial Services sector, while BlackRock TCP Capital is in Finance.