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

Powerlaw Corp (NASDAQ:PWRL) announced a monthly dividend on Wednesday, September 23rd. Shareholders of record on Friday, November 20th will be given a dividend of 0.0812 per share on Monday, November 30th. This represents a c) dividend on an annualized basis and a yield of 8.5%. The ex-dividend date of this dividend is Friday, November 20th.

Powerlaw Stock Up 0.8%

Powerlaw stock opened at $11.41 on Thursday. Powerlaw has a 52-week low of $9.40 and a 52-week high of $40.00. The firm’s 50-day moving average price is $11.34.

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.