Prime Dividend Corp. (The "Company") declares its monthly distribution of $0.06950 for each Class A share and $0.06292 for each Preferred share. Distributions are payable March 10, 2025 to shareholders on record as at February 28, 2025.

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 February 28, 2025 will receive a dividend of $0.06950 per share based on the VWAP of $8.34 payable on March 10, 2025. 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% and a maximum rate of 8.00%.

Since inception Class A shareholders have received a total of $14.11 per share and Preferred shareholders have received a total of $11.02 per share inclusive of this distribution, for a combined total of $25.12.

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 Corp.
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      

Distribution Details  
   
Class A Share (PDV) $0.06950
Preferred Share (PDV.PR.A) $0.06292
Record Date: February 28, 2025
Payable Date: March 10, 2025
Investor Relations: 1-877-478-2372  Local: 416-304-4443  www.primedividend.com info@quadravest.com
Prime Dividend (TSX:PDV.PR.A)
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