Pearl Diver Credit Company Inc. to Issue Monthly Dividend of $0.22 (NYSE:PDCC)

Pearl Diver Credit Company Inc. (NYSE:PDCC) declared a monthly dividend on Tuesday, November 4th. Stockholders of record on Wednesday, December 17th will be given a dividend of 0.22 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 15.9%. The ex-dividend date of this dividend is Wednesday, December 17th.

Pearl Diver Credit Stock Performance

Shares of Pearl Diver Credit stock traded up $0.15 during midday trading on Wednesday, reaching $16.63. The company had a trading volume of 412 shares, compared to its average volume of 3,511. The stock has a fifty day simple moving average of $16.87 and a 200 day simple moving average of $17.22. Pearl Diver Credit has a 1-year low of $15.44 and a 1-year high of $21.30.

Pearl Diver Credit (NYSE:PDCC) last issued its earnings results on Tuesday, August 26th. The company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.56 by ($0.10). The business had revenue of $5.51 million for the quarter, compared to the consensus estimate of $5.94 million.

Pearl Diver Credit Company Profile

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.