Premium Income Corporation Announces Monthly Distribution
1. Premium Income Corporation declared monthly distributions for September 29, 2025.
2. Class A shares will receive $0.08000; preferred shares $0.10625.
3. These distributions are partially eligible for tax benefits as ordinary dividends.
4. Record date for shareholders is September 15, 2025.
5. Investor relations information provided for further inquiries.
The declaration of dividends positively signals financial stability and shareholder returns. Historical trends suggest that consistent dividend payments generally lead to positive stock price movements.
How important is it?
The declaration of substantial dividends demonstrates solid cash flow and profitability, likely attracting both new and existing investors. This enhances PIC's attractiveness, contributing to potential price appreciation.
Why Short Term?
The dividend payment is immediate and scheduled for September 29, influencing stock price shortly thereafter. Short-term investors may react quickly to this positive news.
TORONTO, Sept. 03, 2025 (GLOBE NEWSWIRE) -- (TSX:PIC, PIC.PR.A)) Premium Income Corporation has declared monthly distributions payable on September 29, 2025 to shareholders of record on September 15, 2025 in the following amounts per share:
Share Class
Ticker
Amount Per Share
Class A Shares
PIC.A
$0.08000
Preferred Shares
PIC.PR.A
$0.10625
To the extent that any portion of the distributions are ordinary taxable dividends and not capital gains dividends, they will be eligible dividends.
For further information, please contact Investor Relations at 416.681.3966, toll free at 1.800.725.7172, email at info@mulvihill.com or visit www.mulvihill.com
John Germain, Senior Vice-President & CFO
Mulvihill Capital Management Inc. 121 King Street West Suite 2600 Toronto, Ontario, M5H 3T9
Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the prospectus before investing. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.