Pearl Diver Credit Company Inc. (PDCC) To Go Ex-Dividend on June 16th

Pearl Diver Credit Company Inc. (NYSE:PDCC) announced a monthly dividend on Monday, May 18th. Investors of record on Tuesday, June 16th will be given a dividend of 0.13 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 14.4%. The ex-dividend date is Tuesday, June 16th.

Pearl Diver Credit Trading Down 1.2%

PDCC traded down $0.13 during trading on Wednesday, reaching $10.81. 4,603 shares of the company traded hands, compared to its average volume of 6,918. Pearl Diver Credit has a 12-month low of $9.50 and a 12-month high of $18.40. The firm has a fifty day simple moving average of $10.60 and a 200 day simple moving average of $13.00.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Pearl Diver Credit stock. Kingswood Wealth Advisors LLC increased its stake in Pearl Diver Credit Company Inc. (NYSE:PDCC) by 0.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 89,484 shares of the company’s stock after buying an additional 799 shares during the quarter. Kingswood Wealth Advisors LLC owned about 1.32% of Pearl Diver Credit worth $1,247,000 as of its most recent SEC filing.

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.