Powerlaw Corp (NASDAQ:PWRL) Plans $0.08 Monthly Dividend

Powerlaw Corp (NASDAQ:PWRL) announced a monthly dividend on Wednesday, September 23rd. Stockholders of record on Friday, November 20th will be given a dividend of 0.0812 per share on Monday, November 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.5%. The ex-dividend date of this dividend is Friday, November 20th.

Powerlaw Stock Performance

Shares of PWRL traded up $0.09 during trading hours on Wednesday, hitting $11.41. 159,908 shares of the company were exchanged, compared to its average volume of 207,898. Powerlaw has a fifty-two week low of $9.40 and a fifty-two week high of $40.00. The business’s fifty day simple moving average is $11.37.

Powerlaw Company Profile

Powerlaw Corp. is a venture capital fund specializing in directly investing. It prefers investing in growth capital and late stage. The fund prefers to invest in private technology companies, technology: artificial intelligence, next-generation software, modern aerospace and defense, and leading consumer technology platforms and enterprise SaaS sectors.