#United States #New York #dividends #Preferred Stock #Pearl Diver

Pearl Diver Credit Company's Monthly Preferred Dividends

On January 3, 2025, Pearl Diver Credit Company Inc., traded under the NYSE stock symbols PDCC and PDPA, disclosed that its Board of Directors has sanctioned monthly dividends on its 8.00% Series A Term Preferred Stock, which is due to mature in 2029. This announcement comes as a notable signal for shareholders and potential investors, marking the company's continuous commitment to return value to its stakeholders.

Dividend Details

The declared dividends are structured as follows:

• - January 2025: $0.2389 per share, payable on January 31, with a record date of January 15.
• - February 2025: $0.1667 per share, payable on February 28, with a record date of February 14.
• - March 2025: $0.1667 per share, payable on March 31, with a record date of March 17.
• - April 2025: $0.1667 per share, payable on April 30, with a record date of April 16.

This distribution reflects an annual return rate of 8.00% based on the $25 liquidation preference per share, offering a consistent income stream for preferred shareholders.

About Pearl Diver Credit Company

Pearl Diver Credit Company Inc. operates as an externally managed, non-diversified, closed-end management investment firm. The primary focus of the company is to maximize total return on investment while simultaneously generating high current income. To align with these objectives, Pearl Diver predominantly invests in equity and junior debt tranches of collateralized loan obligations (CLOs) backed by portfolios of sub-investment grade, senior secured floating-rate debt from a diverse range of U.S. companies operating across multiple sectors.

Managed externally by Pearl Diver Capital LLP, the firm emphasizes strategic investment to meet its financial goals, benefitting not only from current income but also from potential capital appreciation.

Investors interested in learning more are encouraged to visit Pearl Diver Credit Company's official website at www.pearldivercreditcompany.com for additional insights into its investment strategy and portfolio details.

Conclusion

The announcement of monthly preferred dividends by Pearl Diver Credit Company Inc. is a positive signal for current investors, reinforcing the company's dedication to providing reliable returns. By adhering to a clear strategy that prioritizes both income generation and total return, Pearl Diver continues to position itself as a reputable player within the investment management landscape. As the market watches closely, these dividends mark a step forward, ensuring that preferred shareholders are duly rewarded for their investment commitment. For further inquiries regarding dividends or investment opportunities, potential investors should reach out to the company’s investor relations contacts.

Investor Contact:

• - UK: +44 (0)20 3967 8032
• - US: +1 617 872 0945

This favorable structure not only benefits existing stakeholders but also attracts prospective investors looking for stability and growth potential in their investment portfolio.