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Pearl Diver Credit (NYSE:PDCC) Trading Down 2.5% - Time to Sell?

Pearl Diver Credit logo with Finance background

Pearl Diver Credit Company Inc. (NYSE:PDCC - Get Free Report) shares traded down 2.5% during mid-day trading on Thursday . The company traded as low as $18.85 and last traded at $19.13. 22,305 shares changed hands during mid-day trading, an increase of 456% from the average session volume of 4,011 shares. The stock had previously closed at $19.62.

Pearl Diver Credit Stock Performance

The firm's 50 day simple moving average is $20.15 and its 200 day simple moving average is $20.26.

Pearl Diver Credit Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be given a $0.22 dividend. This represents a $2.64 dividend on an annualized basis and a yield of 13.84%. The ex-dividend date of this dividend is Wednesday, April 16th.

About Pearl Diver Credit

(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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