Prime Dividend Corp. Monthly Dividend Declaration for Preferred Share

Prime Dividend Corp. (The "Company") declares its monthly distribution of $0.06667 for each Preferred share. Distributions are payable September 8, 2023 to shareholders on record as at August 31, 2023. 

There will not be a distribution paid to the Class A Shares for August 31, 2023 as per the Prospectus which states no regular monthly dividends will be paid on the Class A shares in any month as long as the net asset value per unit is equal to or less than $15.00

Preferred shareholders 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 $13.26 per share and Preferred shareholders have received a total of $9.82 per share inclusive of this distribution, for a combined total of $23.08. 

The Company invests in a portfolio of high yielding Canadian Companies as follows: 

Banks	Investment Management	Life Insurance	Utilities & Other
Bank of MontrealBank of Nova ScotiaCIBCNational Bank of CanadaRoyal Bank of CanadaToronto-Dominion Bank	AGF Management LtdCI Financial Corp.IGM Financial Inc.	Great-West Lifeco Inc. Manulife Financial CorporationSun Life Financial Inc.	BCE Inc. TransAlta Corp.TC Energy Corp. Power Financial CorpTMX Group Inc.

Distribution Details
Preferred Share (PDV.PR.A)	$0.06667
Record Date:	August 31, 2023
Payable Date:	September 8, 2023

Investor Relations: 1-877-478-2372 Local: 416-304-4443 www.primedividend.com [e-mail]