Pearl Diver Credit (NYSE:PDCC) Stock Price Down 2.5% – Here’s What Happened

Pearl Diver Credit Company Inc. (NYSE:PDCCGet Free Report)’s stock price was down 2.5% during mid-day trading on Friday . The company traded as low as $17.92 and last traded at $18.03. Approximately 7,622 shares changed hands during mid-day trading, an increase of 93% from the average daily volume of 3,957 shares. The stock had previously closed at $18.48.

Pearl Diver Credit Trading Down 2.5 %

The company has a fifty day simple moving average of $19.56 and a two-hundred day simple moving average of $20.10.

Pearl Diver Credit Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be paid a dividend of $0.22 per share. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 14.65%.

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.

See Also

Receive News & Ratings for Pearl Diver Credit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pearl Diver Credit and related companies with MarketBeat.com's FREE daily email newsletter.