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Pearl Diver Credit Company Inc. Declares Monthly Preferred Dividends

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Pearl Diver Credit Company (NYSE: PDCC, PDPA) has announced its Board of Directors' declaration of monthly dividends for its 8.00% Series A Term Preferred Stock Due 2029. The dividend schedule includes:

  • January 2025: $0.2389 per share (Record Date: Jan 15, Payment Date: Jan 31)
  • February 2025: $0.1667 per share (Record Date: Feb 14, Payment Date: Feb 28)
  • March 2025: $0.1667 per share (Record Date: Mar 17, Payment Date: Mar 31)
  • April 2025: $0.1667 per share (Record Date: Apr 16, Payment Date: Apr 30)

These distributions reflect an annual distribution rate of 8.00% based on the $25 liquidation preference per share.

Pearl Diver Credit Company (NYSE: PDCC, PDPA) ha annunciato la dichiarazione da parte del suo Consiglio di Amministrazione dei dividendi mensili per le sue Azioni Preferenziali a Termine di Serie A all'8,00% in scadenza nel 2029. Il programma dei dividendi include:

  • Gennaio 2025: $0,2389 per azione (Data di registrazione: 15 Gennaio, Data di pagamento: 31 Gennaio)
  • Febbraio 2025: $0,1667 per azione (Data di registrazione: 14 Febbraio, Data di pagamento: 28 Febbraio)
  • Marzo 2025: $0,1667 per azione (Data di registrazione: 17 Marzo, Data di pagamento: 31 Marzo)
  • Aprile 2025: $0,1667 per azione (Data di registrazione: 16 Aprile, Data di pagamento: 30 Aprile)

Queste distribuzioni riflettono un tasso di distribuzione annuale dell'8,00% basato sulla preferenza di liquidazione di $25 per azione.

Pearl Diver Credit Company (NYSE: PDCC, PDPA) ha anunciado la declaraci贸n de dividendos mensuales por parte de su Junta Directiva para sus Acciones Preferentes a T茅rmino de Serie A al 8.00% con vencimiento en 2029. El calendario de dividendos incluye:

  • Enero 2025: $0.2389 por acci贸n (Fecha de registro: 15 de enero, Fecha de pago: 31 de enero)
  • Febrero 2025: $0.1667 por acci贸n (Fecha de registro: 14 de febrero, Fecha de pago: 28 de febrero)
  • Marzo 2025: $0.1667 por acci贸n (Fecha de registro: 17 de marzo, Fecha de pago: 31 de marzo)
  • Abril 2025: $0.1667 por acci贸n (Fecha de registro: 16 de abril, Fecha de pago: 30 de abril)

Estas distribuciones reflejan un tasa de distribuci贸n anual del 8.00% basado en la preferencia de liquidaci贸n de $25 por acci贸n.

Pearl Diver Credit Company (NYSE: PDCC, PDPA)臧 2029雲 毵岅赴 8.00% A 鞁滊Μ歃 鞖办劆欤鞐 雽頃 鞚挫偓須岇棎靹 氚滍憸頃 鞗旉皠 氚半嫻旮堨潉 氚滍憸頄堨姷雼堧嫟. 氚半嫻旮 鞚检爼鞚 雼れ潓瓿 臧欖姷雼堧嫟:

  • 2025雲 1鞗: 欤茧嫻 $0.2389 (旮半鞚: 1鞗 15鞚, 歆旮夓澕: 1鞗 31鞚)
  • 2025雲 2鞗: 欤茧嫻 $0.1667 (旮半鞚: 2鞗 14鞚, 歆旮夓澕: 2鞗 28鞚)
  • 2025雲 3鞗: 欤茧嫻 $0.1667 (旮半鞚: 3鞗 17鞚, 歆旮夓澕: 3鞗 31鞚)
  • 2025雲 4鞗: 欤茧嫻 $0.1667 (旮半鞚: 4鞗 16鞚, 歆旮夓澕: 4鞗 30鞚)

鞚措煬頃 氚半嫻旮 歆旮夓潃 欤茧嫻 $25鞚 觳偘 鞖办劆歆毳 旮办鞙茧 頃橃棳 鞐瓣皠 氚半嫻毳 8.00%毳 氚橃榿頃╇媹雼.

Pearl Diver Credit Company (NYSE: PDCC, PDPA) a annonc茅 la d茅claration par son Conseil d'Administration des dividendes mensuels pour ses Actions privil茅gi茅es 脿 terme de s茅rie A 脿 8,00% 茅chues en 2029. Le calendrier des dividendes comprend :

  • Janvier 2025 : 0,2389 $ par action (Date d'enregistrement : 15 janvier, Date de paiement : 31 janvier)
  • F茅vrier 2025 : 0,1667 $ par action (Date d'enregistrement : 14 f茅vrier, Date de paiement : 28 f茅vrier)
  • Mars 2025 : 0,1667 $ par action (Date d'enregistrement : 17 mars, Date de paiement : 31 mars)
  • Avril 2025 : 0,1667 $ par action (Date d'enregistrement : 16 avril, Date de paiement : 30 avril)

Ces distributions refl猫tent un taux de distribution annuel de 8,00% bas茅 sur une pr茅f茅rence de liquidation de 25 $ par action.

Pearl Diver Credit Company (NYSE: PDCC, PDPA) hat die Erkl盲rung der monatlichen Dividenden durch den Vorstand f眉r ihre 8,00% Series A Term Preferred Stock, f盲llig 2029 bekannt gegeben. Der Dividendenplan umfasst:

  • Januar 2025: $0,2389 pro Aktie (Stichtag: 15. Januar, Auszahlungstermin: 31. Januar)
  • Februar 2025: $0,1667 pro Aktie (Stichtag: 14. Februar, Auszahlungstermin: 28. Februar)
  • M盲rz 2025: $0,1667 pro Aktie (Stichtag: 17. M盲rz, Auszahlungstermin: 31. M盲rz)
  • April 2025: $0,1667 pro Aktie (Stichtag: 16. April, Auszahlungstermin: 30. April)

Diese Aussch眉ttungen spiegeln eine j盲hrliche Aussch眉ttungsquote von 8,00% basierend auf der Liquidationspr盲ferenz von $25 pro Aktie wider.

Positive
  • Consistent monthly dividend payments maintained at 8.00% annual rate
  • Four months of confirmed dividend distributions provide income visibility
  • Stable $25 liquidation preference per share maintained
Negative
  • Monthly dividend amount decreases from $0.2389 to $0.1667 after January 2025

NEW YORK and LONDON, Jan. 3, 2025 /PRNewswire/ --听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 of $0.2389 per share for January 2025, and $0.1667 per share for February, March, and April 2025.

Amount per Share

Record Dates

Payment Dates

$0.2389

January 15, 2025

January 31, 2025

$0.1667

February 14, 2025

February 28, 2025

$0.1667

March 17, 2025

March 31, 2025

$0.1667

April 16, 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.

About Pearl Diver Credit Company Inc.听
Pearl Diver Credit Company Inc. is an 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. The Company seeks to achieve these objectives by investing primarily in equity and junior debt tranches of CLOs collateralized by portfolios of sub-investment grade, senior secured floating-rate debt issued by a large number of distinct US companies across several industry sectors. The Company is externally managed by Pearl Diver Capital LLP. For more information, visit .

Investor Contact:听听
Info@Pearldivercap.com
UK: +44 (0)20 3967 8032听
US: +1 617 872 0945

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SOURCE Pearl Diver Credit Company Inc.

FAQ

What is the dividend amount for PDCC Series A Preferred Stock in January 2025?

The dividend amount for January 2025 is $0.2389 per share, payable on January 31, 2025, to shareholders of record as of January 15, 2025.

What is the annual distribution rate for PDCC Series A Preferred Stock?

The annual distribution rate is 8.00% of the $25 liquidation preference per share.

When are the payment dates for PDCC's preferred stock dividends in Q1 2025?

The payment dates are January 31, February 28, and March 31, 2025.

Why does PDCC's preferred dividend amount change after January 2025?

The dividend amount changes from $0.2389 in January to $0.1667 for February, March, and April 2025, while maintaining the annual 8.00% distribution rate.

What is the liquidation preference for PDCC Series A Preferred Stock?

The liquidation preference is $25 per share.

Pearl Diver Credit Company Inc.

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