Powerlaw Corp Declares Monthly Dividend of $0.08 (NASDAQ:PWRL)

Powerlaw Corp (NASDAQ:PWRL) declared a monthly dividend on Wednesday, September 23rd. Investors of record on Tuesday, October 20th will be given a dividend of 0.0812 per share on Friday, October 30th. This represents a c) annualized dividend and a yield of 8.5%. The ex-dividend date is Tuesday, October 20th.

Powerlaw Stock Performance

NASDAQ PWRL traded up $0.09 during trading hours on Wednesday, reaching $11.41. 159,908 shares of the company were exchanged, compared to its average volume of 207,898. Powerlaw has a 1 year low of $9.40 and a 1 year high of $40.00. The firm has a 50 day simple moving average of $11.37.

Powerlaw Company Profile

Powerlaw Corp. is a venture capital fund specializing in directly investing. It prefers investing in growth capital and late stage. The fund prefers to invest in private technology companies, technology: artificial intelligence, next-generation software, modern aerospace and defense, and leading consumer technology platforms and enterprise SaaS sectors.