Kingswood Wealth Advisors LLC Has $1.60 Million Stake in Pearl Diver Credit Company Inc. (NYSE:PDCC)

Kingswood Wealth Advisors LLC reduced its stake in shares of Pearl Diver Credit Company Inc. (NYSE:PDCC) by 2.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 78,685 shares of the company’s stock after selling 2,235 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Pearl Diver Credit were worth $1,597,000 at the end of the most recent reporting period.

Pearl Diver Credit Stock Down 2.3 %

Shares of PDCC stock opened at $19.95 on Tuesday. The company has a 50-day moving average of $20.49. Pearl Diver Credit Company Inc. has a 1-year low of $18.81 and a 1-year high of $21.90.

Pearl Diver Credit Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be issued a $0.22 dividend. This represents a $2.64 dividend on an annualized basis and a yield of 13.23%. The ex-dividend date of this dividend is Friday, January 17th.

Pearl Diver Credit Profile

Pearl Diver Credit Company Inc is a newly organized, 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. Pearl Diver Credit Company Inc is based in NEW YORK.