Premium Income Corp T.PIC.A

Buzz on the Bullboards: Quarterly reports and company mergers

[Jonathon Brown]

This week also marks the heart of quarterly earnings season, when companies disclose their financial and operational performance. read article.

[Donwaan]

Mulvihill updates NAV to $5.48

[PressRelease]

TORONTO, May 02, 2025 (GLOBE NEWSWIRE) -- (TSX: PIC.A; PIC.PR.A) Premium Income Corporation has declared monthly distributions payable on May 30, 2025 to shareholders of record on May 15, 2025 in the following amounts per share:Share ClassTickerAmount Per ShareClass A SharesPIC.A$0.08000Preferred...read article.

[elonmuskrat247]

For now anyway. We may see another chance to reload in the summer months as well... Lower acb and higher distributions are always a good thing. Jmho

[wolverine99]

At least the Preferred is starting to show some life.

[itsthehitman]

Everyone thinking...where is the bottom and is the divi sustainable???  Will call company this week to see if they have an opinion on why the downdraft to historical lows....we are not in the

[itsthehitman]

Probably a good place to park extra cash for a year....monthly 8 cent divi.....under 5 bucks... almost 20% return. Seems to have lost a lot of interestd investors long term. Agreed....Canadian banks

[elonmuskrat247]

Next redemption date there is 133% return on investment (80x.08=$6.40 in distributions) not including any future unit trading opportunities during that time. Unless the Canadian banks go broke, this

[elonmuskrat247]

Time horizon b4 the next special redemption date and the 26 year track record behind it, it still makes for a compelling ROI situation. Unless the world ends with a bang, and then it won't matter

[farmboy75]

The big dividends have been eating into the share price for a few months now. But should worst come to worst and the divy was cut 50% we would still be getting 9% which would still be not to bad. As

[elonmuskrat247]

Yield is almost 19%. Soon time to let the divies go to work and buy a few more. The risk/reward level is favorable for the longer term holders. Not much else safer to buy with this kind of return

[Donwaan]

NAV is $4.86 to Mar. 20th. Portfolio is up 1.45% since then.

[PressRelease]

TORONTO, March 04, 2025 (GLOBE NEWSWIRE) -- (TSX: PIC.A; PIC.PR.A) Premium Income Corporation has declared monthly distributions payable on March 31, 2025 to shareholders of record on March 14, 2025 in the following amounts per share:Share Class Ticker Amount Per Share Class A SharesPIC...read article.

[Donwaan]

NAV is $5.98

[elonmuskrat247]

to buy more shares with the distributions when the price is down and keep the distributions when the price is high, as well as sell a few when it looks over bought and buy yourself something nice like

[Compypaul]

Yeah, I've been buying it all the way down, hoping it'd hit bottom and rebound. No such luck yet. But I'm hanging on and buying more when I have the cash.