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 > Reply from Mulvihill

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Post by Donwaan on Sep 03, 2024 10:52am

Reply from Mulvihill

The Board has not determined yet whether the frequency change will apply to the PIC.a shares as well, although it is likely. If so, it will be announced by press release closer to the November extension date.

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