Pearl Diver Credit Company Inc. (PDCC) to Issue Monthly Dividend of $0.13 on July 31st

Pearl Diver Credit Company Inc. (NYSE:PDCC) announced a monthly dividend on Monday, May 18th. Investors of record on Friday, July 17th will be paid a dividend of 0.13 per share on Friday, July 31st. This represents a c) annualized dividend and a yield of 16.4%. The ex-dividend date of this dividend is Friday, July 17th.

Pearl Diver Credit Price Performance

Pearl Diver Credit stock opened at $9.48 on Wednesday. The firm has a 50-day moving average price of $10.18 and a two-hundred day moving average price of $11.42. Pearl Diver Credit has a 52-week low of $9.25 and a 52-week high of $18.40.

Hedge Funds Weigh In On Pearl Diver Credit

A hedge fund recently raised its stake in Pearl Diver Credit stock. Kingswood Wealth Advisors LLC increased its holdings in Pearl Diver Credit Company Inc. (NYSE:PDCC) by 0.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 89,484 shares of the company’s stock after buying an additional 799 shares during the quarter. 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.