Pearl Diver Credit Company Inc (PDCC) News & EventsPDCCPearl Diver Credit Company Inc

Pearl Diver Credit Declares Monthly Dividend of 13 Cents per Share

Pearl Diver Credit has declared a regular monthly dividend on shares of the company's common stock of 13c per share for September, October, and November, to stockholders on record for the 16th of each corresponding month, payable on the 30th of that month. The distribution will be automatically reinvested in additional shares of our common stock unless a stockholder opts out of the Dividend Reinvestment Plan and elects to receive the distribution in cash. Additionally, the Board has declared a regular monthly dividend on shares of the company's 8.00% Series A Term Preferred Stock Due 2029 of 16.67c per share for September, October, and November 2026.

Net Asset Value Rises to $11.15

Net asset value per share of common stock was $11.15 as of June 30, 2026, compared to $10.48 per share as of March 31, 2026. "The recovery we saw across CLO equity markets this quarter came through clearly in our results, with net asset value strengthening as spreads tightened across the capital structure," said CEO Indranil Basu. "We were able to take advantage of that backdrop to execute a larger refinancing programme and further reduce the cost of debt. While we are not calling this a turn in the cycle, we are more constructive about the opportunities we see ahead in CLO equity. Moving forward, we will continue to execute on our disciplined investment strategy in order to continue to create value for our shareholders."