Premium Income Corp T.PIC.A

Buzz on the Bullboards: Bombardier, world woes, a smart fridge, and top shelf weed

[Jonathon Brown]

A highlight of the week was Bombardier (TSX:BBD), which reported impressive growth in its Q3 2024 results. read article.

[mnztr]

Why don't I like it after a 30% cut in divvy? Because it means that the issuer no longer respects the investor, and the capital losses over the last few years are not likely to ever be recovered

[navgod]

Most of this reflects the stupid premium PIC.a was trading at on your start date (over $3/50%). If you buy then you deserve this result!

[marcrobert]

hey, if you liked it at 20% yield, why wouldn't you love it at 14%?  kind of puzzling, some dumped right before election (bad timing in hindsight), and since the underlying has been

[wolverine99]

Of all the Splits out there, DFN,LBS, BK, FTN etc., this one is likely the least volatile, has no NAV trigger, and  a 15% yield. Lots to attract people, Canadians Banks a pretty safe place to

[elonmuskrat247]

maybe there is more demand for this canadian bank etf than meets the eye...rising financials in Trump country may spill over a little bit to Canadian financials as well. Trump is energy bullish and

[PressRelease]

TORONTO, Nov. 12, 2024 (GLOBE NEWSWIRE) -- (TSX: PIC.A) Premium Income Corporation (the “Fund”) previously announced that in connection with the special retraction right granted to shareholders arising as a result of the extension of the term of the Fund to November 1, 2031, more Preferred shares...read article.

[wolverine99]

Hello monthly!!!

[Donwaan]

I'm going to miss ya!

[Donwaan]

Me too on some that I sold yesterday. Hard to time every sale right!

[Donwaan]

NAV is now $4.36 up 17 cents on the week.

[lewise20]

I bought pic.pr.a instead pays 8.5 cents monthly.  Stable.

[marcrobert]

wish i had waited 3 days before dumping lol

[Donwaan]

I have lightened up recently but will be looking to add more again if there is a post consolidation dip.

[elonmuskrat247]

for a longer term hold considering the almost guaranteed 0.96 annual distribution for the next 7 years. Of course there will be trading opportunities along the way but the 0.96 payout per year helps

[marcrobert]

anybody buying at this price, good luck next week...