Powerlaw Corp (NASDAQ:PWRL – Get Free Report) announced a monthly dividend on Thursday, September 17th. Stockholders of record on Tuesday, October 20th will be paid a dividend of $0.0812 per share on Friday, October 30th. This represents a $0.97 annualized dividend and a dividend yield of 8.3%. The ex-dividend date of this dividend is Tuesday, October 20th.
Powerlaw Stock Down 1.7%
NASDAQ:PWRL opened at $11.71 on Friday. Powerlaw has a 1-year low of $9.40 and a 1-year high of $40.00. The firm has a 50 day moving average price of $11.20.
About Powerlaw
Powerlaw Corp. is a venture capital fund specializing in directly investing. It prefers investing in growth capital and late stage. The fund prefers to invest in private technology companies, technology: artificial intelligence, next-generation software, modern aerospace and defense, and leading consumer technology platforms and enterprise SaaS sectors.
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