Pearl Diver Credit Company Inc. (NYSE:PDCC) Announces Monthly Dividend of $0.13

Pearl Diver Credit Company Inc. (NYSE:PDCC) announced a monthly dividend on Tuesday, May 19th. Stockholders of record on Friday, July 17th will be given a dividend of 0.13 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 14.6%. The ex-dividend date is Friday, July 17th.

Pearl Diver Credit Stock Performance

Shares of PDCC traded down $0.91 on Tuesday, reaching $10.68. 24,281 shares of the stock traded hands, compared to its average volume of 6,949. Pearl Diver Credit has a 12 month low of $9.50 and a 12 month high of $18.40. The stock’s 50-day moving average price is $10.63 and its 200-day moving average price is $13.04.

Institutional Trading of Pearl Diver Credit

A hedge fund recently raised its stake in Pearl Diver Credit stock. Kingswood Wealth Advisors LLC increased its position in shares of Pearl Diver Credit Company Inc. (NYSE:PDCC) by 0.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 89,484 shares of the company’s stock after purchasing an additional 799 shares during the period. Kingswood Wealth Advisors LLC owned about 1.32% of Pearl Diver Credit worth $1,247,000 at the end of the most recent reporting period.

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.