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Pearl Diver Credit Company Inc. (NYSE:PDCC) Declares -- Dividend of $0.22

Pearl Diver Credit logo with Finance background

Key Points

  • Pearl Diver Credit Company Inc. announced a dividend of $0.22 per share to be distributed on October 31st to shareholders of record on October 17th, reflecting an impressive dividend yield of 1,610.0%.
  • As of the latest trading session, PDCC shares rose by $0.10 to $16.40, with a trading volume of 690 shares.
  • Equities analysts have set a price target of $19.50 for PDCC, with one firm upgrading the stock to a "strong-buy" rating.
  • MarketBeat previews the top five stocks to own by October 1st.

Pearl Diver Credit Company Inc. (NYSE:PDCC - Get Free Report) announced a -- dividend on Wednesday, August 6th, Wall Street Journal reports. Investors of record on Friday, October 17th will be given a dividend of 0.22 per share on Friday, October 31st. This represents a yield of 1,610.0%. The ex-dividend date is Friday, October 17th.

Pearl Diver Credit Stock Up 0.6%

PDCC traded up $0.10 on Friday, reaching $16.40. 410 shares of the company's stock were exchanged, compared to its average volume of 3,404. The company's 50 day moving average is $17.42 and its 200-day moving average is $18.46. Pearl Diver Credit has a twelve month low of $15.44 and a twelve month high of $21.30.

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.

Further Reading

Dividend History for Pearl Diver Credit (NYSE:PDCC)

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