Pearl Diver Credit Company Inc. (PDCC) To Go Ex-Dividend on September 16th

Pearl Diver Credit Company Inc. (NYSE:PDCC) announced a monthly dividend on Tuesday, August 25th. Investors of record on Wednesday, September 16th will be paid a dividend of 0.13 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 17.5%. The ex-dividend date of this dividend is Wednesday, September 16th.

Pearl Diver Credit Stock Down 0.7%

PDCC stock opened at $8.90 on Monday. The stock’s 50 day simple moving average is $9.11 and its 200 day simple moving average is $10.03. Pearl Diver Credit has a fifty-two week low of $8.45 and a fifty-two week high of $17.65.

Pearl Diver Credit (NYSE:PDCC) last announced its quarterly earnings data on Thursday, August 27th. The company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.11). The business had revenue of $4.16 million during the quarter, compared to analysts’ expectations of $4.91 million.

Analyst Ratings Changes

Separately, Alliance Global Partners reiterated a “buy” rating on shares of Pearl Diver Credit in a report on Tuesday, September 8th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Pearl Diver Credit presently has a consensus rating of “Buy”.

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.