Overview of Pearl Diver's Recent Dividend Announcement
In an important update for investors, Pearl Diver Credit Company Inc. (NYSE: PDCC, PDPA) has officially announced the declaration of several monthly dividends. This announcement contributes to the company's efforts to provide enhanced value to its shareholders and demonstrates its commitment to generating returns.
The Board of Directors has approved a regular monthly dividend of
$0.22 per share on common stock for three consecutive months:
August, September, and October 2025. Below are the details of the dividends:
| Amount per Common Share | Record Dates | Payment Dates |
|---|
| ----- | --- | ----- |
| $0.22 | August 15, 2025 | August 29, 2025 |
| | September 16, 2025 | September 30, 2025 |
| | October 17, 2025 | October 31, 2025 |
Dividend Reinvestment Plan (DRIP)
Shareholders should note that these dividends will automatically be reinvested into additional shares under the Company's Dividend Reinvestment Plan (DRIP), unless stockholders decide to opt out. Shareholders aiming to receive cash distributions can do so by making an appropriate election.
An interesting feature of the DRIP allows for participants to receive shares valued at either 95% of the current market price or the most recently determined net asset value, depending on market conditions during the valuation date. This flexibility offers an efficient means for investors to enhance their portfolios through reinvested earnings.
Additionally, the company announced a
monthly dividend of $0.1667 per share for its
8.00% Series A Term Preferred Stock due 2029 for the same months. This preferred stock dividend reflects an annual distribution rate computed based on a liquidation preference of $25 per share.
| Amount per Preferred Share | Record Dates | Payment Dates |
|---|
| ----- | --- | ------- |
| $0.1667 | August 15, 2025 | August 29, 2025 |
| | September 16, 2025 | September 30, 2025 |
| | October 17, 2025 | October 31, 2025 |
About Pearl Diver Credit Company Inc.
Pearl Diver Credit Company Inc. is recognized as an externally managed, non-diversified, closed-end management investment company. The organization is focused on maximizing total returns and generating substantial current income through its strategic investments. Specifically, the company invests in equity and junior debt tranches of collateralized loan obligations (CLOs) derived from portfolios of sub-investment grade floating-rate debt from a variety of US-based companies across numerous sectors.
With Pearl Diver Capital LLP providing external management, the company continues to expand its investment footprint. Pearl Diver Capital, established in
2008,; specializes in CLO investing, utilizing advanced analytics and proprietary technologies to identify profitable investment opportunities. As of
June 30, 2025, Pearl Diver Capital boasts approximately
$3.0 billion in assets under management, with backing from a diverse array of institutional investors, including public pension plans, foundations, and corporate pension schemes.
Conclusion
This recent dividend declaration marks a significant move for Pearl Diver Credit Company Inc. investors, indicating financial health and a strong commitment to shareholder returns in the coming months. With a structured dividend plan in place, existing and potential shareholders can assess and adjust their investment strategies accordingly. For more information about the company and its dividends, investors can visit
Pearl Diver Credit Company or
Pearl Diver Capital.