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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 > They made a video if anyone is interested
View:
Post by DanderBolt on Nov 28, 2024 12:16pm

They made a video if anyone is interested

Comment by Higherhopes2020 on Nov 28, 2024 3:42pm
Thanks.  I hold lots of pic.pr.a   I paid $15 pays 8.5% better than gic.
Comment by wolverine99 on Nov 28, 2024 4:25pm
The A share is unsettled after the Consolidation, hard to know where the bottom is. Have a GIC due in January, headed to the Preferred for sure. In all the Preferreds for the other Splits, been a great year.
Comment by elonmuskrat247 on Nov 28, 2024 6:57pm
Yup, PIC. Pr. A is a good holding especially now at the new rate, bought a bunch a while back at $11 and sold half at $15.2. Bought PIC. a in the low $3 range and hold them as well. Now we have another 7 years to collect the distributions and add more if it dips to unreasonable levels. 
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