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

Pearl Diver Credit Company Inc. (NYSE:PDCC) announced a monthly dividend on Thursday, November 7th,Wall Street Journal reports. Stockholders of record on Friday, January 17th will be paid a dividend of 0.22 per share on Friday, January 31st. This represents a $2.64 annualized dividend and a dividend yield of 13.21%. The ex-dividend date is Friday, January 17th.

Pearl Diver Credit Stock Up 0.6 %

Shares of Pearl Diver Credit stock traded up $0.12 during midday trading on Thursday, hitting $19.98. The company’s stock had a trading volume of 1,050 shares, compared to its average volume of 3,051. The company’s 50-day simple moving average is $20.04. Pearl Diver Credit has a 1-year low of $18.81 and a 1-year high of $21.90.

About Pearl Diver Credit

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.