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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 > Distribution
View:
Post by Donwaan on Dec 22, 2022 12:46pm

Distribution

Given the NAV is the .20319 cent January distribution still safe? Or is a reduction likely?
Comment by Donwaan on Dec 29, 2022 4:32pm
With the NAV hovering around $4 is the .20319 cent distribution in January a sure bet? Or is a possible distribution reduction likely? Any crystal ball gazers out there?
Comment by itsthehitman on Dec 29, 2022 5:40pm
Owned for 8 years....don't remember ever missing a quarterly divi...Will know early in the year if payment is .20 cents or less. Glta
Comment by itsthehitman on Jan 06, 2023 12:01pm
Good news folks....still paying .20cents per share at end of Jan......glta
Comment by Donwaan on Jan 07, 2023 2:34pm
Yes, PIC.A is a gem! It certainly is getting some trading activity now. How high will it go with a +_ $4 and rising NAV? Back over $8 again?
Comment by itsthehitman on Jan 09, 2023 9:29am
Over 8 dollars and I sell half my holdings here and hold in cash....4.72 is my average so greed is not in need.
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