Pearl Diver Credit Company Inc. Declares Monthly Dividends

Rhea-AI Summary

Pearl Diver Credit Company (NYSE: PDCC) announced regular monthly dividends of $0.22 per common share for November 2025, December 2025 and January 2026, and a regular monthly dividend on its 8.00% Series A term preferred stock due 2029 of $0.1667 per preferred share for the same three months.

Record and payment dates are: Record: Nov 14, Dec 17, Jan 16; Payment: Nov 28, Dec 31, Jan 30. Distributions are automatically reinvested under the company's DRIP unless shareholders opt for cash. DRIP share valuation rules use the greater of most recent NAV or 95% of market price; if NAV exceeds market, shares may be purchased in the open market for DRIP participants.

Positive

• $0.22 monthly common dividend (Nov 2025–Jan 2026)
• $0.1667 monthly preferred dividend (Nov 2025–Jan 2026)
• Preferred rate equals 8.00% annual on $25 liquidation preference
• Automatic DRIP available for reinvestment of distributions

Negative

• DRIP may issue new shares at 95% of market or NAV, causing dilution

NEW YORK and LONDON, Nov. 4, 2025 /PRNewswire/ -- Pearl Diver Credit Company Inc. (NYSE: PDCC, PDPA) (the "Company") today announced that its Board of Directors has declared a regular monthly dividend on shares of the Company's common stock of $0.22 per share for November and December 2025, and January 2026.

Amount per Common Share	Record Dates	Payment Dates
$0.22	November 14, 2025	November 28, 2025
	December 17, 2025	December 31, 2025
	January 16, 2026	January 30, 2026

The distribution will be automatically reinvested in additional shares of our common stock unless a stockholder opts out of the Dividend Reinvestment Plan ("DRIP") and elects to receive the distribution in cash. If the market price of the shares of common stock is equal to or exceeds net asset value at the time shares of common stock are valued for purposes of determining the number of shares of common stock equivalent to the cash dividend or capital gains distribution, participants in the DRIP are issued new shares of common stock from the Company, valued at the greater of (i) the net asset value as most recently determined or (ii) 95% of the then-current market price of the shares of common stock. The valuation date is the dividend or distribution payment date or, if that date is not a NYSE trading day, the next preceding trading day. If the net asset value of the shares of common stock at the time of valuation exceeds the market price of the shares of common stock, the DRIP Administrator will buy the shares of common stock for the DRIP in the open market.

Additionally, the Board of Directors has declared a regular monthly dividend on shares of the Company's 8.00% Series A Term Preferred Stock Due 2029 of $0.1667 per share for November and December 2025, and January 2026.

Amount per Preferred Share	Record Dates	Payment Dates
$0.1667	November 14, 2025	November 28, 2025
	December 17, 2025	December 31, 2025
	January 16, 2026	January 30, 2026

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.
Pearl Diver Credit Company Inc. (NYSE: PDCC, PDPA) 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 www.pearldivercreditcompany.com.

About Pearl Diver Capital LLP
Founded in 2008, Pearl Diver Capital specializes in collateralized loan obligation (CLO) investing. Its data scientists and credit analysts use proprietary technology and advanced analytics to identify attractive opportunities in the CLO market. Pearl Diver's highly experienced team includes individuals from a wide range of scientific and mathematical backgrounds.

As of June 30, 2025, Pearl Diver Capital has approximately $2.9 billion in assets under management across multiple private funds backed by institutional investors ranging from public pension plans, university endowments, foundations, large family offices, corporate/ERISA pension plans and asset managers across the US, Europe and Latin America. Because it is strictly an investor in the CLO space, not an issuer, it has developed close relationships with over 80 CLO managers – and their analysts – across the CLO spectrum, enabling the firm to have rare access to critical credit information on underlying companies in CLO portfolios while avoiding conflicts of interest that might arise in performing roles that span both CLO investing and CLO management. For more information, visit www.pearldivercapital.com.

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

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SOURCE Pearl Diver Credit Company Inc.

FAQ

What common dividend did Pearl Diver Credit Company (PDCC) declare for November 2025?

The board declared a $0.22 per common share dividend payable Nov 28, 2025 (record date Nov 14, 2025).

When will PDCC pay the December 2025 dividends and who is eligible?

December dividends are payable Dec 31, 2025 to shareholders of record on Dec 17, 2025.

What is the monthly dividend on PDCC's Series A preferred shares for Nov–Jan?

Series A preferred shareholders receive $0.1667 per share monthly for Nov 2025–Jan 2026.

How does PDCC's Dividend Reinvestment Plan (DRIP) value shares for reinvestment?

DRIP shares are issued at the greater of (i) the most recent NAV or (ii) 95% of market price; if NAV exceeds market, the DRIP administrator buys shares in the open market.

Will PDCC shareholders automatically reinvest dividends under the DRIP?

Yes, distributions are automatically reinvested unless a shareholder opts out to receive cash.