NEW
YORK and LONDON,
Jan. 3,
2025 /PRNewswire/ -- Pearl Diver Credit Company
Inc. (NYSE: PDCC, PDPA) (the "Company") today announced that its
Board of Directors has declared monthly dividends on shares of the
Company's 8.00% Series A Term Preferred Stock Due 2029 of
$0.2389 per share for January 2025, and $0.1667 per share for February, March, and
April 2025.
|
Amount per
Share
|
Record
Dates
|
Payment
Dates
|
|
$0.2389
|
January 15,
2025
|
January 31,
2025
|
|
$0.1667
|
February 14,
2025
|
February 28,
2025
|
|
$0.1667
|
March 17,
2025
|
March 31,
2025
|
|
$0.1667
|
April 16,
2025
|
April 30,
2025
|
The distributions on the Series A Term Preferred Stock reflect
an annual distribution rate of 8.00% of the $25 liquidation preference per share.
About Pearl Diver Credit Company Inc.
Pearl
Diver Credit Company Inc. is an 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. The Company seeks to achieve these objectives by investing
primarily in equity and junior debt tranches of CLOs collateralized
by portfolios of sub-investment grade, senior secured floating-rate
debt issued by a large number of distinct US companies across
several industry sectors. The Company is externally managed by
Pearl Diver Capital LLP. For more information, visit
www.pearldivercreditcompany.com.
Investor Contact:
Info@Pearldivercap.com
UK: +44 (0)20 3967 8032
US: +1 617 872 0945
View original content to download
multimedia:https://www.prnewswire.com/news-releases/pearl-diver-credit-company-inc-declares-monthly-preferred-dividends-302342054.html
SOURCE Pearl Diver Credit Company Inc.
