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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 > Year End Results
View:
Post by wolverine99 on Jan 22, 2024 6:36pm

Year End Results

That does not look good! For those of you with longer exposure to this Fund, any thoughts on potential impact.
Comment by wolverine99 on Jan 22, 2024 6:56pm
To answer my own question, looked back on a few Year End results and the subsequent impact on Share price, I would expect a pretty strong move downward is coming!!
Comment by marcrobert on Jan 23, 2024 3:32pm
i looked too. i dont see what youre seeing! a year ago loss to a shares was 32 million. and the nav went up cosntantly up 15% a month later
Comment by marcrobert on Jan 23, 2024 3:34pm
fyi last reverse split was in 2010!
Comment by marcrobert on Jan 23, 2024 3:37pm
pic.a price (not nav) pretty much tracked zeb until april 
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