Pearl Diver Credit Company Inc. (PDCC) to Issue Monthly Dividend of $0.22 on March 31st

Pearl Diver Credit Company Inc. (NYSE:PDCC) declared a monthly dividend on Wednesday, January 28th. Shareholders of record on Tuesday, March 17th will be paid a dividend of 0.22 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 25.5%. The ex-dividend date of this dividend is Tuesday, March 17th.

Pearl Diver Credit Price Performance

NYSE:PDCC opened at $10.37 on Friday. The firm has a 50-day moving average of $13.06 and a two-hundred day moving average of $15.03. Pearl Diver Credit has a 1-year low of $10.13 and a 1-year high of $20.10.

Institutional Investors Weigh In On Pearl Diver Credit

A hedge fund recently raised its stake in Pearl Diver Credit stock. Kingswood Wealth Advisors LLC raised its holdings in shares of Pearl Diver Credit Company Inc. (NYSE:PDCC) by 12.7% in the third quarter, according to the company in its most recent filing with the Securities & 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 1.37% of Pearl Diver Credit worth $1,463,000 at the end of the most recent quarter.

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.