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

Pearl Diver Credit Company Inc. (NYSE:PDCC) declared a monthly dividend on Monday, November 4th,Wall Street Journal reports. Investors 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 dividend on an annualized basis and a yield of 12.98%. The ex-dividend date is Tuesday, December 17th.

Pearl Diver Credit Stock Performance

Shares of NYSE PDCC opened at $20.34 on Friday. Pearl Diver Credit has a 1-year low of $18.81 and a 1-year high of $21.90. The stock has a fifty day moving average of $20.42.

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.