Pearl Diver Credit Company Inc.
PDCCFinancial Services · Stock · monthly payer
Forward Yield
24.74%
Annual Dividend
$2.37
Payout Ratio
397%
5-Yr Growth
—
Ex-Date
Aug 17, 2026
Frequency
Monthly
Summary
As of July 2026, Pearl Diver Credit Company Inc. (PDCC) yields 24.74% ($2.37 per share annually), with a blended fair-value estimate of $25.98 — +171% upside, so it screens as undervalued. Dividend safety grade: C (63/100).
Is PDCC a good dividend stock?
Yes, with caveatsPearl Diver Credit Company Inc. (PDCC) pays a monthly dividend yielding 24.74% ($2.37/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
Risks
- Elevated payout ratio (397%)
- Very high yield can signal elevated risk
Key Data
- Dividend Yield
- 24.74%
- Payout Ratio
- 397%
- Annual Dividend
- $2.37
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Aug 17, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- —
- Market Cap
- $65.5M
- P/E Ratio
- —
- 5-Yr Total Return
- —
- 52-Week Range
- $9.25 – $17.97
- Dividend Safety
- C · 63/100
- Ever Cut?
- No
Frequently Asked Questions
PDCC Price — Last 12 Months
Daily close
Price Return
1 Year
-45%
3 Years
—
5 Years
—
52-Week Range
$9.25 – $17.97
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PDCC worth?
Undervaluedlow confidenceOur blended fair-value estimate for Pearl Diver Credit Company Inc. is $25.98 per share, versus a market price of $9.58. That implies 171% of upside — a margin of safety of about 63%.
Fair Value
$25.98
Current Price
$9.58
Upside
+171%
Margin of Safety
63%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model -5.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.3% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, -$2.83 EPS, $2.37 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PDCC Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 17, 2026 | — | $0.1300 | regular |
| Jun 16, 2026 | — | $0.1300 | regular |
| May 15, 2026 | — | $0.2200 | regular |
| Apr 16, 2026 | — | $0.2200 | regular |
| Mar 17, 2026 | — | $0.2200 | regular |
| Feb 13, 2026 | — | $0.2200 | regular |
| Jan 16, 2026 | — | $0.2200 | regular |
| Dec 17, 2025 | — | $0.2200 | regular |
| Nov 14, 2025 | — | $0.2200 | regular |
| Oct 17, 2025 | — | $0.2200 | regular |
| Sep 16, 2025 | — | $0.2200 | regular |
| Aug 15, 2025 | — | $0.2200 | regular |
| Jul 17, 2025 | — | $0.2200 | regular |
| Jun 16, 2025 | — | $0.2200 | regular |
Income Calculator
At $2.37 / yr per share
