Discover the Latest News: Pearl Diver Credit Company Inc. Announces Monthly Preferred Dividends!
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.
Monthly Dividend Details:
Amount per Share: $0.2389 for January 2025
Record Dates: January 15, 2025
Payment Dates: January 31, 2025
Amount per Share: $0.1667 for February, March, and April 2025
Record Dates: February 14, 2025, March 17, 2025, April 16, 2025
Payment Dates: February 28, 2025, March 31, 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.
Investors and shareholders of Pearl Diver Credit Company Inc. can expect to receive monthly preferred dividends starting January 2025. The Board of Directors has set specific amounts per share for each month, providing clarity and transparency to its investors.
These dividends are a reflection of the company’s commitment to providing value to its stakeholders and ensuring a steady income stream for its investors.
Investors can look forward to these monthly dividends as a way to generate passive income and enhance their investment portfolios.
How Will This Affect Me?
As an investor in Pearl Diver Credit Company Inc., you can expect to receive monthly preferred dividends, providing you with a steady income stream and adding value to your investment portfolio.
These dividends can contribute to your overall financial well-being and help you achieve your investment goals.
It is essential to keep track of the record dates and payment dates to ensure you receive your dividends on time and maximize returns on your investment.
How Will This Affect the World?
By announcing monthly preferred dividends, Pearl Diver Credit Company Inc. sets a positive example for other companies, promoting transparency and value creation for shareholders.
This initiative can attract more investors to the company, leading to increased capital inflow and potentially driving economic growth.
Overall, this announcement reflects a commitment to investor relations and long-term sustainability, contributing to a positive investment climate worldwide.
Conclusion
Pearl Diver Credit Company Inc.’s announcement of monthly preferred dividends demonstrates a commitment to shareholder value and financial transparency. Investors can look forward to steady income streams and enhanced investment portfolios, while the global investment community benefits from a positive example of investor-friendly practices.
As a shareholder, it is essential to stay informed about the dividend details and payment dates to maximize returns on your investment and take advantage of this opportunity for passive income generation.
