Pearl Diver Credit Company Inc. Declares Monthly Dividend of $0.22 (NYSE:PDCC)

Pearl Diver Credit Company Inc. (NYSE:PDCC) announced a monthly dividend on Tuesday, November 4th. Shareholders of record on Friday, November 14th will be paid a dividend of 0.22 per share on Friday, November 28th. This represents a c) annualized dividend and a yield of 15.9%. The ex-dividend date of this dividend is Friday, November 14th.

Pearl Diver Credit Trading Up 0.9%

Shares of PDCC traded up $0.15 during mid-day trading on Wednesday, reaching $16.63. 9,024 shares of the stock traded hands, compared to its average volume of 3,154. The stock has a fifty day simple moving average of $16.87 and a 200 day simple moving average of $17.22. Pearl Diver Credit has a 12-month low of $15.44 and a 12-month high of $21.30.

Pearl Diver Credit (NYSE:PDCC) last issued its quarterly earnings data on Tuesday, August 26th. The company reported $0.46 EPS for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.10). The business had revenue of $5.51 million for the quarter, compared to analysts’ expectations of $5.94 million.

Pearl Diver Credit Company Profile

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.