Welcome to our dedicated page for Pearl Diver Credit Company 8.00% Series A Preferred Stock Due 2029 news (Ticker: PDPA), a resource for investors and traders seeking the latest updates and insights on Pearl Diver Credit Company 8.00% Series A Preferred Stock Due 2029 stock.
Pearl Diver Credit Company Inc. 8.00% Series A Preferred Stock Due 2029 (NYSE: PDPA) is a preferred security issued by Pearl Diver Credit Company Inc., an externally managed, non-diversified, closed-end management investment company that focuses on CLO investing. The news flow associated with PDPA is closely tied to the issuer’s financial performance, portfolio developments, capital markets activity and dividend declarations.
Company news releases regularly cover quarterly financial results, where Pearl Diver Credit Company Inc. reports net investment income, net asset value per share of common stock, recurring cash flows from CLO investments, and portfolio metrics such as weighted average effective yield and reinvestment end dates for its CLO holdings. These updates often include commentary from management on market conditions affecting CLO equity valuations and loan spreads.
Another key category of news relates to dividend announcements. The Board of Directors has repeatedly declared regular monthly dividends on both the company’s common stock and its 8.00% Series A Term Preferred Stock Due 2029, specifying record dates, payment dates and the per-share distribution amounts. For the preferred stock, the company has stated that these distributions reflect an annual distribution rate of 8.00% of the $25 liquidation preference per share.
Investors following PDPA can also expect news about capital raising and at-the-market equity offerings by the issuer, as described in Form 8-K filings and related announcements. These items explain how the company may issue additional common shares under a registration statement and equity distribution agreement, which in turn can influence the capital structure supporting the preferred stock.
Additional updates include earnings release schedules and conference call details, where the company announces the timing of its results and provides dial-in and webcast information for investors and analysts. Together, these news items provide ongoing insight into the issuer’s CLO-focused investment strategy, portfolio characteristics and the context in which the 8.00% Series A Preferred Stock Due 2029 operates. Users interested in PDPA can review this news stream to monitor developments affecting the issuer’s credit profile, distributions and overall investment approach.
Pearl Diver Credit Company (NYSE: PDCC) will release its third quarter 2025 financial results before market open on Tuesday, November 18, 2025.
The company will host a conference call and live webcast at 11:00 AM ET / 4:00 PM UK on the same day. US dial-in is 1-877-407-9208; international dial-in is 1-201-493-6784. Participants should dial in ~10 minutes early. A live audio webcast and an archived replay available on the company website, with the replay posted within two hours after the call ends.
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.
Pearl Diver Credit Company (NYSE: PDCC) reported its Q2 2025 financial results, demonstrating resilience amid market volatility. The company's net asset value per share stood at $18.19 as of June 30, 2025, slightly down from $18.33 in Q1. Key financial metrics include GAAP net income of $3.5 million ($0.52 per share) and net investment income of $3.1 million ($0.46 per share).
The company's CLO portfolio maintained a weighted average effective yield of 12.75%, down from 15.57% in Q1 due to market-wide loan spread compression. Notable portfolio characteristics include 95% of CLOs having reinvestment dates from 2026-2030, with exposure to 1,285 unique corporate obligors. The company's leverage stood at $40.4 million, representing 24.3% of total assets.
Looking ahead, PDCC has declared monthly dividends of $0.22 per share for August, September, and October 2025, with July 2025 NAV showing a 1.6% increase to $18.48 per share.
Pearl Diver Credit Company (NYSE: PDCC) has scheduled its second quarter 2025 earnings release and conference call. The company will release its Q2 2025 financial results before the market opens on Tuesday, August 26, 2025.
A conference call and webcast will follow at 11:00 AM Eastern Time / 4:00 PM UK Time. Investors can participate by dialing 1-877-407-9208 (US) or 1-201-493-6784 (international). The call will also be accessible via webcast on the company's website, with an archived replay available after the event.
Pearl Diver Credit Company (NYSE: PDCC) has declared monthly dividends for both common and preferred stockholders. The company will distribute $0.22 per common share monthly for August, September, and October 2025, with payments scheduled for the end of each respective month.
Additionally, the company announced monthly dividends of $0.1667 per share for its 8.00% Series A Term Preferred Stock Due 2029, reflecting an annual distribution rate of 8.00% based on the $25 liquidation preference. The company offers a Dividend Reinvestment Plan (DRIP) for common stockholders, allowing automatic reinvestment in additional shares unless opted out.
Pearl Diver Credit Company reported its Q1 2025 financial results, showing mixed performance. The company's net asset value per share decreased to $18.33 from $19.89, primarily due to unrealized losses in CLO equity valuations caused by market-wide risk-premium increases.
Key financial metrics include:
- Net investment income: $3.4 million ($0.50 per share)
- Investment income: $6.0 million ($0.89 per share)
- Expenses: $2.6 million ($0.38 per share)
- Net loss: $6.1 million ($0.90 per share)
The company's CLO portfolio maintained a 15.57% weighted average effective yield, with exposure to 1,200 unique corporate obligors. Leverage stood at $40.4 million, representing 23.2% of total assets. The company successfully completed its Series A Term Preferred Stock offering, raising $33.2 million through 1,480,000 shares at $25 per share.
Pearl Diver Credit Company (NYSE: PDCC, PDPA) has scheduled its first quarter 2025 earnings release for Tuesday, April 29, 2025, before market open. The company will host a conference call on the same day at 11:00 a.m. Eastern Time / 4:00pm UK time to discuss the financial results.
Participants can join the call by dialing 1-877-407-9208 (US) or 1-201-493-6784 (international) approximately 10 minutes before the start time. A live audio webcast will be available on the company's website, with a replay accessible within two hours after the call's conclusion.
Pearl Diver Credit Company (NYSE: PDCC) has announced its Board of Directors' declaration of regular monthly dividends of $0.22 per share for February, March, and April 2025. The dividends will be paid according to the following schedule:
- February: Record date Feb 14, payment date Feb 28
- March: Record date Mar 17, payment date Mar 31
- April: Record date Apr 16, payment date Apr 30
Shareholders participating in the Dividend Reinvestment Plan (DRIP) will have their distributions automatically reinvested in additional shares. When the market price equals or exceeds net asset value, new shares will be issued at the greater of the net asset value or 95% of current market price. If net asset value exceeds market price, shares will be purchased in the open market.
Pearl Diver Credit Company (NYSE: PDCC, PDPA) has announced its upcoming fourth quarter 2024 earnings release and conference call schedule. The financial results will be released before market open on Tuesday, January 28, 2025, followed by a conference call at 11:00 a.m. Eastern Time / 4:00pm UK time on the same day.
Investors and analysts can participate by dialing 1-877-407-9208 (international: 1-201-493-6784) approximately 10 minutes before the call starts. A live audio webcast will be available on the company's website, and a replay will be accessible within two hours after the call concludes.