Pearl Diver Credit (NYSE:PDCC) Shares Down 1.8% – Here’s Why

Shares of Pearl Diver Credit Company Inc. (NYSE:PDCCGet Free Report) fell 1.8% on Wednesday . The company traded as low as $20.49 and last traded at $20.36. 6,176 shares were traded during mid-day trading, an increase of 74% from the average session volume of 3,546 shares. The stock had previously closed at $20.73.

Pearl Diver Credit Trading Down 1.8 %

The company has a 50-day moving average of $20.31 and a 200-day moving average of $20.20.

Pearl Diver Credit Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be issued a $0.22 dividend. The ex-dividend date is Wednesday, April 16th. This represents a $2.64 annualized dividend and a dividend yield of 12.97%.

Pearl Diver Credit Company Profile

(Get Free Report)

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.

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