Pearl Diver Credit Company Inc. (PDCC) To Go Ex-Dividend on March 17th

Pearl Diver Credit Company Inc. (NYSE:PDCC) declared a monthly dividend on Wednesday, January 28th. Stockholders of record on Tuesday, March 17th will be paid a dividend of 0.22 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 19.0%. The ex-dividend date of this dividend is Tuesday, March 17th.

Pearl Diver Credit Price Performance

Shares of Pearl Diver Credit stock opened at $13.90 on Friday. The business has a 50-day simple moving average of $14.51 and a 200-day simple moving average of $15.97. Pearl Diver Credit has a one year low of $13.50 and a one year high of $21.30.

Pearl Diver Credit (NYSE:PDCC) last issued its earnings results on Tuesday, November 18th. The company reported $0.44 earnings per share for the quarter. The firm had revenue of $5.41 million during the quarter.

Hedge Funds Weigh In On Pearl Diver Credit

A hedge fund recently raised its stake in Pearl Diver Credit stock. Kingswood Wealth Advisors LLC raised its holdings in Pearl Diver Credit Company Inc. (NYSE:PDCC) by 0.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 89,484 shares of the company’s stock after buying an additional 799 shares during the period. Kingswood Wealth Advisors LLC owned about 1.32% of Pearl Diver Credit worth $1,247,000 as of its most recent SEC filing.

About Pearl Diver Credit

Pearl Diver Credit Company Inc is a newly organized, externally managed, non-diversified, closed-end management investment company. Its primary investment objective is to maximize its portfolio’s total return, with a secondary objective of generating high current income. Pearl Diver Credit Company Inc is based in NEW YORK.