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 December 8, 2023 to shareholders on record as at November 30, 2023.

There will not be a distribution paid to the Class A Shares for November 30, 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 $10.02 per share inclusive of this distribution, for a combined total of $23.28.

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

BanksBank of MontrealBank of Nova ScotiaCIBCNational Bank of CanadaRoyal Bank of CanadaToronto-Dominion Bank

Investment ManagementAGF Management Ltd.CI Financial Corp.IGM Financial Inc.

Life InsuranceGreat-West Lifeco Inc.Manulife Financial CorporationSun Life Financial Inc.

Utilities & OtherBCE Inc.TransAlta Corp.TC Energy Corp.Power Financial Corp.TMX Group Inc.

Distribution Details
Preferred Share (PDV.PR.A)	$0.06667
Record Date:	November 30, 2023
Payable Date:	December 8, 2023

Investor Relations: 1-877-478-2372Local: [e-mail]