Pearl Diver Credit Company Inc. (PDCC) To Go Ex-Dividend on November 14th

Pearl Diver Credit Company Inc. (NYSE:PDCCGet Free Report) announced a monthly dividend on Monday, November 3rd. Stockholders of record on Friday, November 14th will be paid a dividend of 0.22 per share on Friday, November 28th. This represents a c) annualized dividend and a dividend yield of 16.0%. The ex-dividend date of this dividend is Friday, November 14th.

Pearl Diver Credit Stock Performance

NYSE PDCC traded down $0.20 on Wednesday, reaching $16.48. The company had a trading volume of 11,732 shares, compared to its average volume of 3,551. The firm’s 50 day moving average price is $16.87 and its 200 day moving average price is $17.22. Pearl Diver Credit has a 12 month low of $15.44 and a 12 month high of $21.30.

Pearl Diver Credit (NYSE:PDCCGet Free Report) last posted its earnings results on Tuesday, August 26th. The company reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.10). The firm had revenue of $5.51 million for the quarter, compared to analysts’ expectations of $5.94 million.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Pearl Diver Credit stock. Kingswood Wealth Advisors LLC raised its stake in shares of Pearl Diver Credit Company Inc. (NYSE:PDCCFree Report) by 12.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 88,685 shares of the company’s stock after purchasing an additional 10,000 shares during the quarter. Kingswood Wealth Advisors LLC owned about 1.37% of Pearl Diver Credit worth $1,463,000 at the end of the most recent reporting period.

About Pearl Diver Credit

(Get Free Report)

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.

See Also

Dividend History for Pearl Diver Credit (NYSE:PDCC)

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