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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

TSX:PIC.A - Post Discussion

Premium Income Corp > financing coming
View:
Post by uograd on Nov 24, 2022 3:51pm

financing coming

seen this dance before, for no reason stock jumps 5 per cent to over 7 bucks when its nav is less than 5.

financing within a few days is usually how this works.  anyways I was happy to sell everything today as after financing knocks price down will get chance to reenter

almost 50 days before its goes ex distribution.

you can make good money here you just can't be a hero and when the nav is 4.74 and the price is 7 plus something is amiss
Comment by yureja28 on Nov 25, 2022 12:45am
This post has been removed in accordance with Community Policy
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