PDV.PR.A Prime Dividend Corp

Prime Dividend Corp. (The "Company") declares its monthly distribution of $0.06450 for each Class A share and $0.04167 for each Preferred share. Distributions are payable October 8, 2021 to shareholders on record as at September 30, 2021.

Under the distribution policy announced on July 17, 2014, the monthly dividend payable on the Class A shares is determined by applying a 10.00% annualized rate on the volume weighted average market price (VWAP) of the Class A shares over the last 5 trading days of the preceding month. As a result, Class A shareholders of record on September 30, 2021 will receive a dividend of $0.06450 per share based on the VWAP of $7.74 payable on October 8, 2021. The yield will remain stable at 10.00% (based on the VWAP) under this distribution policy.

Preferred shareholders will receive prime plus 2.35% with a minimum rate of 5.00%.

Since inception Class A shareholders have received a total of $11.98 per share and Preferred shareholders have received a total of $8.52 per share inclusive of this distribution, for a combined total of $20.50.

The Company invests in a portfolio of high yielding Canadian Companies as follows:

Banks Bank of Montreal Bank of Nova Scotia CIBCNational Bank of Canada Royal Bank of Canada Toronto-Dominion Bank

Investment Management AGF Management Ltd. CI Financial Corp. IGM Financial Inc.

Life Insurance Great-West Lifeco Inc. Manulife Financial Corporation Sun Life Financial Inc.

Utilities & OtherBCE Inc. TransAlta Corp. TC Energy Corp.Power Financial Corp. TMX Group Inc.

Distribution Details
Class A Share (PDV)	$0.06450
Preferred Share (PDV.PR.A)	$0.04167
Ex-Dividend Date:	September 29, 2021
Record Date:	September 30, 2021
Payable Date:	October 8, 2021

Investor Relations: 1-877-478-2372 Local: 416-304-4443 www.primedividend.cominfo@quadravest.com