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

Pearl Diver Credit Company Inc. (NYSE:PDCC) announced a monthly dividend on Wednesday, November 6th, Wall Street Journal reports. Stockholders of record on Tuesday, December 17th will be given a dividend of 0.22 per share on Tuesday, December 31st. This represents a $2.64 annualized dividend and a dividend yield of 13.29%. The ex-dividend date is Tuesday, December 17th.

Pearl Diver Credit Stock Down 1.1 %

NYSE:PDCC traded down $0.22 during midday trading on Wednesday, hitting $19.86. The stock had a trading volume of 9,573 shares, compared to its average volume of 3,078. The company’s 50-day simple moving average is $20.04. Pearl Diver Credit has a one year low of $18.81 and a one year high of $21.90.

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.