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. "While spreads remain relatively tight and net asset value continued to compress, our portfolio's recurring cash flows remained solid, and we continued to opportunistically add positions that we believe offered attractive risk-adjusted returns. For June, July and August, we have declared monthly dividends of $0.13 per share, which both realigns our dividend with our near-term outlook for net investment income and enables us to preserve capital for additional deployment opportunities to stabilize and grow our net asset value over time. Moving forward, we will continue to execute on our CLO equity investment strategy in order to create additional value."
First Quarter 2026 Highlights
Net asset value per share of common stock was $10.48 as of March 31, 2026, compared to $14.42 per share ...
