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

Powerlaw Corp (NASDAQ:PWRL) announced a monthly dividend on Wednesday, September 23rd. Shareholders of record on Monday, December 21st will be given a dividend of 0.0812 per share on Wednesday, December 30th. This represents a c) annualized dividend and a dividend yield of 8.5%. The ex-dividend date of this dividend is Monday, December 21st.

Powerlaw Price Performance

Shares of Powerlaw stock traded up $0.09 during trading hours on Wednesday, reaching $11.41. The company had a trading volume of 159,908 shares, compared to its average volume of 207,898. Powerlaw has a one year low of $9.40 and a one year high of $40.00. The business has a fifty day moving average price of $11.37.

About Powerlaw

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.