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

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

Pearl Diver Credit Stock Down 7.9%

Pearl Diver Credit stock opened at $10.68 on Wednesday. Pearl Diver Credit has a 12-month low of $9.50 and a 12-month high of $18.40. The firm’s fifty day moving average price is $10.60 and its 200 day moving average price is $13.00.

Institutional Investors Weigh In On 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 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm 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 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.