Bullboard - Stock Discussion Forum Premium Income Corp T.PIC.A

Alternate Symbol(s): T.PIC.PR.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

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TSX:PIC.A - Post Discussion

Premium Income Corp > Hope it can begin to hold 4 dollars

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Post by itsthehitman on Oct 31, 2023 12:37pm

Hope it can begin to hold 4 dollars

Payday today for 15000 old shares at 20 cents.
Payday today....yeah
Glta

100

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Comment by marcrobert on Nov 08, 2023 11:53am

i'm guessing if erosion of C bank stocks continues in 2024, how could this hold $4? I expect banks won't bottom for a while, we're in a recession and mortgage resets are going to affect bank valuations for a while

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