PRIME DIVIDEND CORP. Monthly Dividend Declaration for Class A & Preferred Share
18 3월 2022 - 10:00PM
Prime Dividend Corp. (The "Company") declares its monthly
distribution of $0.07100 for each Class A share and $0.04208 for
each Preferred share. Distributions are payable April 8, 2022 to
shareholders on record as at March 31, 2022.
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 March 31, 2022 will receive a dividend of $0.07100 per
share based on the VWAP of $8.52 payable on April 8, 2022. 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
$12.41 per share and Preferred shareholders have received a total
of $8.77 per share inclusive of this distribution, for a combined
total of $21.18.
The Company invests in a portfolio of high yielding Canadian
Companies as follows:
Banks |
Investment Management |
Life Insurance |
Utilities & Other |
Bank of
Montreal |
AGF Management Ltd. |
Great-West Lifeco Inc. |
BCE
Inc. |
Bank of
Nova Scotia |
CI Financial Corp. |
Manulife Financial Corporation |
TransAlta
Cor |
CIBC |
IGM Financial Inc. |
Sun Life Financial Inc. |
TC Energy
Corp. |
National
Bank of Canada |
|
|
Power
Financial Corp. |
Royal Bank
of Canada |
|
|
TMX Group
Inc. |
Toronto-Dominion Bank |
|
|
|
Class
A Share (PDV) |
$0.07100 |
Preferred Share (PDV.PR.A) |
$0.04208 |
Record Date: |
March 31, 2022 |
Payable
Date: |
April 8, 2022 |
Investor Relations: 1-877-478-2372Local:
416-304-4443www.primedividend.cominfo@quadravest.com
Prime Dividend (TSX:PDV.PR.A)
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Prime Dividend (TSX:PDV.PR.A)
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부터 4월(4) 2024 으로 4월(4) 2025