Prime Dividend Corp. (The "Company") declares its monthly distribution of $0.06683 for each Class A share and $0.06083 for each Preferred share. Distributions are payable May 9, 2025 to shareholders on record as at April 30, 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 April 30, 2025 will receive a dividend of $0.06683 per share based on the VWAP of $8.02 payable on May 9, 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 $14.24 per share and Preferred shareholders have received a total of $11.14 per share inclusive of this distribution, for a combined total of $25.38.

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) $0.06683
Preferred Share (PDV.PR.A) $0.06083
Record Date: April 30, 2025
Payable Date: May 9, 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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Prime Dividend (TSX:PDV.PR.A)
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