Pearl Diver Credit Company Inc. (PDCC) To Go Ex-Dividend on May 15th

Pearl Diver Credit Company Inc. (NYSE:PDCC) announced a monthly dividend on Wednesday, January 28th. Investors of record on Friday, May 15th will be paid a dividend of 0.22 per share on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 19.0%. The ex-dividend date of this dividend is Friday, May 15th.

Pearl Diver Credit Trading Up 0.4%

PDCC stock opened at $13.90 on Friday. The company has a 50 day simple moving average of $14.51 and a 200 day simple moving average of $15.97. Pearl Diver Credit has a 1 year low of $13.50 and a 1 year high of $21.30.

Pearl Diver Credit (NYSE:PDCC) last issued its earnings results on Tuesday, November 18th. The company reported $0.44 earnings per share for the quarter. The company had revenue of $5.41 million during the quarter.

Hedge Funds Weigh In On Pearl Diver Credit

An institutional investor recently raised its position in Pearl Diver Credit stock. Kingswood Wealth Advisors LLC raised its position in Pearl Diver Credit Company Inc. (NYSE:PDCC) by 0.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 89,484 shares of the company’s stock after purchasing an additional 799 shares during the quarter. Kingswood Wealth Advisors LLC owned 1.32% of Pearl Diver Credit worth $1,247,000 as of its most recent SEC filing.

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.