RE:RE:RE:Mar. 02 NAVI would say that's a definite yes (kind of like DFN deserves a premium because they have NEVER missed a dividend payment).
It all depends though on what your goal is - capital appreciation or dividend income. I buy the splits because I like the monthly dividend income. But PIC.A has some definite cons in my opinion.
1) They pay quarterly, not monthly, so income is more sporadic.
2) Yield. Suppose you bought at $5.50 per share. They pay $.20319 quarterly, so yield would only work out to about 14.77. That's a good yield, but before the Coronavirus price effects PIC.A was yielding about 12% while you could be getting over 20% with others. For example I was holding FFN for quite a while and at my buy price I was getting about 19.75%. There was a time (a while back) when I held DGS and was getting about 24%.