Powerlaw Corp Declares Monthly Dividend of $0.0812 Per Share
Powerlaw Corp (NASDAQ:PWRL) has declared a monthly dividend of $0.0812 per share, consistent with its previous payout levels. The forward yield is currently estimated at 8.54%. Payment dates for the upcoming months are set as follows: October's payment will be made on October 30 to shareholders of record as of October 20; November’s dividend will go out on November 30, also with a shareholder record date of November 20; and December’s payout is scheduled for December 30, with the record date set at December 21. In addition to maintaining its monthly dividend policy, Powerlaw Corp has announced a share repurchase program. The company reported an increase in its net asset value (NAV) by 5.9%, reaching $16.21 per share.
Tickers: $PWRL
Topics: dividends NAV growth share repurchases