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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

TSX:PIC.A - Post Discussion

Premium Income Corp > Fund extension
View:
Post by Donwaan on May 30, 2024 10:17am

Fund extension

On September 1, 2017, the Fund announced that its term was being automatically extended for an additional seven year period to November 1, 2024 (On November 1, 2017 and, thereafter, PIC.A to allow for the automatic extension of the Fund for an additional seven years)
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