Dividend Announcement - Pearl Diver Credit Company Inc declared monthly dividends on its 8.00% Series A Term Preferred Stock Due 2029, with 0.1667 per share for February, March, and April 2025 [1] - The distributions reflect an annual distribution rate of 8.00% of the 0.2389 per share, record date January 15, 2025, payment date January 31, 2025 [2] - February dividend: 0.1667 per share, record date March 17, 2025, payment date March 31, 2025 [2] - April dividend: $0.1667 per share, record date April 16, 2025, payment date April 30, 2025 [2] Company Overview - Pearl Diver Credit Company Inc is an externally managed, non-diversified, closed-end management investment company [3] - Primary investment objective is to maximize portfolio total return, with a secondary objective of generating high current income [3] - Invests primarily in equity and junior debt tranches of CLOs collateralized by sub-investment grade, senior secured floating-rate debt issued by US companies across several industry sectors [3] - Externally managed by Pearl Diver Capital LLP [3]
Pearl Diver Credit Company Inc. Declares Monthly Preferred Dividends