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

Primary Symbol: T.PIC.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

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Premium Income Corp > PIC.a declares distributions

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Post by mouserman on Jul 03, 2020 4:04pm

PIC.a declares distributions

Unlike several other split funds, PIC.a is continuing to payout a distribution to the commons ..

Premium Income Corporation Announces Quarterly Distribution

TORONTO, July 03, 2020 (GLOBE NEWSWIRE) -- (TSX: PIC.A; PIC.PR.A) Premium Income Corporation has declared quarterly distributions payable on July 31, 2020 to shareholders of record on July 15, 2020 in the following amounts per share:

Share Class	Ticker	Amount Per Share

Class A Shares	PIC.A	$0.10000
Preferred Shares	PIC.PR.A	$0.215625

To the extent that any portion of the distributions are ordinary taxable dividends and not capital gains dividends, they will be eligible dividends.

For further information, please contact Investor Relations at 416.681.3966, toll free at 1.800.725.7172, email at info@strathbridge.com or visit www.strathbridge.com

John Germain, Senior Vice-President & CFO

Strathbridge Asset Management Inc.
121 King Street West
Suite 2600
Toronto, Ontario, M5H 3T9

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