Pearl Diver Credit Co 8.00% Series A Preferred Stock

PDPA

Market cap $34.7M

Pearl Diver Credit has seen its NAV per share decline by 22% in the first five months of 2026, raising concerns about portfolio erosion. I focus on PDCC's term preferred shares (PDPA), which offer an 8% yield and a hard maturity date of December 31, 2029, providing a senior claim and asset coverage protection. Preferred dividends are well-covered by net investment income, but ongoing unrealized losses and NAV stability remain key monitoring points for both common and preferred holders.

Pearl Diver Credit Company Inc. (PDCC) Q1 2026 Earnings Call Transcript

NEW YORK and LONDON, May 19, 2026 /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 $0.13 per share for June, July, and August 2026. Amount per Common Share Record Dates Payment Dates $0.13 June 16, 2026 June 30, 2026 July 17, 2026 July 31, 2026 August 17, 2026 August 31, 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.

- Company to Host Conference Call and Webcast at 11:00 AM ET Today - NEW YORK and LONDON, May 19, 2026 /PRNewswire/ -- Pearl Diver Credit Company Inc. (NYSE: PDCC, PDPA) (the "Company") today announced financial results for the first quarter ended March 31, 2026. "We remained focused in the quarter on proactively managing our CLO portfolio to deliver long-term value for shareholders as we continue to navigate through the significantly challenging environment for CLO equity," said Indranil Basu, Chief Executive Officer of Pearl Diver Credit Company.

- Conference Call Scheduled for Tuesday, May 19 at 11:00 am Eastern Time / 4:00 pm UK Time - NEW YORK and LONDON, May 12, 2026 /PRNewswire/ -- Pearl Diver Credit Company Inc. (NYSE: PDCC, PDPA) (the "Company") today announced that its first quarter 2026 financial results will be released prior to market open on Tuesday, May 19, 2026. The Company will also host a conference call and webcast at 11:00am Eastern Time / 4:00pm UK time on the same day to discuss its financial results.

Pearl Diver Credit Company preferred shares offer an 8% yield with a mandatory 2029 call, providing a fixed-term, fixed-yield profile. PDPA boasts a robust 563% dividend coverage ratio and a 338% asset coverage ratio, well above the 200% regulatory minimum despite recent NAV declines. Key risks include further deterioration in CLO equity valuations, which could threaten the asset coverage ratio but currently allow for a 70% additional loss buffer.

-  Company to Host Conference Call and Webcast at 11:00 AM ET Today - NEW YORK and LONDON, Feb. 17, 2026 /PRNewswire/ -- Pearl Diver Credit Company Inc. (NYSE: PDCC, PDPA) (the "Company") today announced financial results for the fourth quarter ended December 31, 2025. "While the macro environment and our net asset value remain challenged due to the further tightening of loan spreads, we were pleased to once again deliver increased sequential recurring cash flows in excess of distributions and expenses, as well as improved sequential net investment income," said Indranil Basu, Chief Executive Officer of Pearl Diver Credit Company.

- Conference Call Scheduled for Tuesday, February 17 at 11:00 am Eastern Time / 4:00 pm UK Time - NEW YORK and LONDON, Feb. 10, 2026 /PRNewswire/ -- Pearl Diver Credit Company Inc. (NYSE: PDCC, PDPA) (the "Company") today announced that its fourth quarter 2025 financial results will be released prior to market open on Tuesday, February 17, 2026. The Company will also host a conference call and webcast at 11:00am Eastern Time / 4:00pm UK time on the same day to discuss its financial results.

NEW YORK and LONDON, Jan. 28, 2026 /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 February, March, April, and May 2026. Amount per Common Share Record Dates Payment Dates $0.22 February 13, 2026 February 27, 2026 March 17, 2026 March 31, 2026 April 16, 2026 April 30, 2026 May 15, 2026 May 29, 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.

-  Company to Host Conference Call and Webcast at 11:00 AM ET Today - NEW YORK and LONDON , Nov. 18, 2025 /PRNewswire/ -- Pearl Diver Credit Company Inc. (NYSE: PDCC, PDPA) (the "Company") today announced financial results for the third quarter ended September 30, 2025. "Despite near-term industry headwinds associated with the First Brands bankruptcy, our portfolio delivered increased sequential recurring cash flows in excess of distributions and expenses," said Indranil Basu, Chief Executive Officer of Pearl Diver Credit Company.