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Prime Dividend Corp T.PDV

Alternate Symbol(s):  T.PDV.P.A

Prime Dividend Corp. is a Canada-based mutual fund company. The Company's investment objective is to invest primarily in a portfolio of common shares. The Company may also invest up to 20% of the net asset value in equity securities of issuers in the financial services or utilities sectors in Canada or the United States. The investment objectives with respect to the Preferred shares is to provide holders of Preferred Shares with cumulative floating rate monthly cash dividends at a rate per annum equal to the prevailing Canadian prime rate plus 2.35% with a minimum annual rate of 5% and a maximum rate of 8% based on the on the $10 repayment value of the Preferred shares. The Company invests in various sectors, which include banks, life insurance companies, investment management companies, and utilities and other sectors. Quadravest Capital Management Inc. is the investment manager of the Company.


TSX:PDV - Post by User

Prime Dividend Corp
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Post by EdPaquetteon Jul 20, 2020 10:18am
101 Views
Post# 31290079

Rising fastest among quadravest navs.

Rising fastest among quadravest navs.PDV nav rose 29 cents in 2 weeks, and at 14.91 its about to start paying. A couple of others rose 30 cents, but percentage wise PDV rose more.
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Dealroom for high-potential pre-IPO opportunities