The reaction of the bis(1,2-dithiolene) complex [Pd(Me 2 timdt) 2 ] ( 1 ; Me 2 timdt •- = monoreduced 1,3-dimethyl-2,4,5-trithioxoimidazolidine) with Br 2 yielded the complex [Pd(Me 2 timdt)Br 2 ] ( 2 ), which was reacted with Na 2 mnt (mnt 2- = 1,2-dicyano-1,2-ethylenedithiolate) to give the neutral mixed-ligand complex [Pd(Me 2 timdt)(mnt)] ( 3 ). Complex 3 shows an intense solvatochromic near-infrared (NIR) absorption band falling between 955 nm in DMF and 1060 nm in CHCl 3 (ε = 10700 M -1 cm -1 in CHCl 3 ). DFT calculations were used to elucidate the electronic structure of complex 3 and to compare it with those of the corresponding homoleptic complexes 1 and [Pd(mnt) 2 ] ( 4 ). An in-depth comparison of calculated and experimental structural and vis-NIR spectroscopic properties, supported by IEF-PCM TD-DFT and NBO calculations, clearly points to a description of 3 as a dithione-dithiolato complex. For the first time, a broken-symmetry (BS) procedure for the evaluation of the singlet diradical character (DC) of heteroleptic bis(1,2-dithiolene) complexes has been developed and applied to complex 3 . The DC, predominant for 1 ( n D C = 55.4%), provides a remarkable contribution to the electronic structures of the ground states of both 3 and 4 , showing a diradicaloid nature ( n D C = 24.9% and 27.5%, respectively). The computational approach developed here clearly shows that a rational design of the DC of bis(1,2-ditiolene) metal complexes, and hence their linear and nonlinear optical properties, can be achieved by a proper choice of the 1,2-dithiolene ligands based on their electronic structure.