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Bullboard - Stock Discussion Forum Premium Income Corp T.PIC.A

Alternate Symbol(s):  T.PIC.P.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... see more

TSX:PIC.A - Post Discussion

Premium Income Corp > Special distribrution?
View:
Post by Donwaan on Jan 03, 2022 11:48am

Special distribrution?

Does anyone else see the possibility of PIC.A issuing a special distribution? Or increasing the distribution amount as SBC and BK have?
Comment by Donwaan on Jan 04, 2022 5:37pm
Well no change to the PIC.A distribution policy apparently. Possibly a special distribution will stiil be announced when the annual report comes out mid-January. One can wish!
Comment by EdPaquette on Jan 04, 2022 7:29pm
Pic came so close to zero 2 years ago that I'm sure they want to build way higher before any extra payments. 
Premium Income Corp
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