Pearl Diver Credit (NYSE:PDCC) Trading Down 0.6% – What’s Next?

Pearl Diver Credit Company Inc. (NYSE:PDCC)’s share price was down 0.6% during mid-day trading on Friday . The stock traded as low as $17.20 and last traded at $17.30. Approximately 7,099 shares were traded during trading, an increase of 83% from the average daily volume of 3,884 shares. The stock had previously closed at $17.40.

Pearl Diver Credit Stock Performance

The company’s 50-day moving average price is $18.00 and its two-hundred day moving average price is $19.42.

Pearl Diver Credit (NYSE:PDCC) last posted its earnings results on Tuesday, April 29th. The company reported $0.50 earnings per share (EPS) for the quarter. The firm had revenue of $6.02 million during the quarter.

Pearl Diver Credit Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, May 30th. Investors of record on Monday, May 19th were paid a $0.22 dividend. The ex-dividend date of this dividend was Friday, May 16th. This represents a yield of 14.51%.

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.