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

Powerlaw Corp (NASDAQ:PWRL) declared a monthly dividend on Wednesday, September 23rd. Investors of record on Tuesday, October 20th will be paid 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 of this dividend is Tuesday, October 20th.

Powerlaw Stock Up 0.8%

PWRL traded up $0.09 during trading on Wednesday, reaching $11.41. The stock had a trading volume of 159,908 shares, compared to its average volume of 207,898. The firm’s 50-day moving average is $11.37. Powerlaw has a one year low of $9.40 and a one year high of $40.00.

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.