PRIME DIVIDEND CORP. Monthly Dividend Declaration for Class A & Preferred Share
19 3월 2025 - 10:00PM
Prime Dividend Corp. (The "Company") declares its monthly
distribution of $0.06608 for each Class A share and $0.06083 for
each Preferred share. Distributions are payable April 10, 2025 to
shareholders on record as at March 31, 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 March 31, 2025 will receive a dividend of
$0.06608 per share based on the VWAP of $7.93 payable on April 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 $14.17 per share and Preferred shareholders
have received a total of $11.08 per share inclusive of this
distribution, for a combined total of $25.25.
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 |
GM 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) |
$0.06608 |
Preferred Share (PDV.PR.A) |
$0.06083 |
Record Date: |
March 31, 2025 |
Payable
Date: |
April 10, 2025 |
Investor Relations: 1-877-478-2372 |
Local: 416-304-4443 |
www.primedividend.com |
info@quadravest.com |
Prime Dividend (TSX:PDV.PR.A)
과거 데이터 주식 차트
부터 3월(3) 2025 으로 4월(4) 2025
Prime Dividend (TSX:PDV.PR.A)
과거 데이터 주식 차트
부터 4월(4) 2024 으로 4월(4) 2025