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SLAM DRILLS MORE COPPER MINERALIZATION AT GOODWIN (click to learn more)
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Premium Income Corp T.PIC.A

Alternate Symbol(s):  T.PIC.PR.A

Premium Income Corporation is a split share company. The Fund’s investment objectives are to provide Preferred shareholders with cumulative preferential quarterly cash distributions of $0.215625 per share, representing an annual yield of 5.75% on the original issue price of the Preferred shares; to provide Class A shareholders with quarterly cash distributions of $0.20319 per share, and to return the original issue price to holders of both preferred share and Class A shares upon windup of the Fund. It invests at least 75 % of its net asset value (NAV) in common shares of the Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada and The Toronto-Dominion Bank (collectively, the Banks) and also invests up to 25 % of its NAV in common shares of National Bank of Canada. In addition, the Fund may purchase public investment funds, including exchange-traded funds and other Mulvihill Funds. Its investment manager is Mulvihill Capital Management Inc.


TSX:PIC.A - Post by User

Premium Income Corp > NAV $9.27 this week.
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Comment by Higherhopes2020on Jan 17, 2022 3:28pm
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Post# 34325709

RE:NAV $9.27 this week.

RE:NAV $9.27 this week.I called investor relation NAV is net of dividend this month.  That is after paying 41 cents in dividend(prefered and class a).  Also note as of 13th my guestimate is it has added atleast another 30 cents since all canadian banks have gone up.  My estimate as of today NAV is atleat $9:60. Big discount to current market price of $8.70
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