Prime Dividend Corp.: Regular Monthly Dividend Declaration for Class A and Preferred Share

Prime Dividend Corp. ("Prime Dividend") declares its regular monthly
distribution of $0.06250 (5.00% annualized) for each Class A share which
reflects the distribution policy of prime rate in Canada (3.00% as at August 15,
2013) plus 2% annually. Prime Dividend also declares its regular monthly
distribution of $0.04167 (5.00% annualized) for each Preferred share which
reflects the distribution policy of prime rate plus 0.75% annually. An annual
Class A and Preferred share payment of 5.00% is the minimum payment as per the
prospectus. Distributions are payable September 10, 2013 to shareholders on
record as of August 30, 2013.


Since inception Class A shareholders have received a total of $6.67 per share
and Preferred shareholders have received a total of $4.31 per share inclusive of
this distribution, for a combined total of $10.98 per unit.


Prime Dividend invests in a portfolio of high yielding Canadian Companies as
follows:




Banks               Investment          Life Insurance     Utilities & Other
Bank of Montreal    Management          Great-West Lifeco  BCE Inc.         
Bank of Nova        AGF Management      Inc.               TransAlta Corp   
Scotia              Ltd.                Manulife           TransCanada Corp 
CIBC                CI Financial Corp.  Financial Corp.    Power Financial  
National Bank of    IGM Financial Inc.  Sun Life           Corp.            
Canada                                  Financial Inc.     TMX Group Inc.   
Royal Bank of                                                               
Canada                                                                      
Toronto-Dominion                                                            
Bank                                                                        



Shares held within the Portfolio will generally represent no less than 4% and no
more than 8% of the net asset value.




Distribution Details:                                                       
Class A Share (PDV)                 $0.06250                                
Preferred Share (PDV.PR.A)          $0.04167                                
Ex-Dividend Date:                   August 28, 2013                         
Record Date:                        August 30, 2013                         
Payable Date:                       September 10, 2013                      



FOR FURTHER INFORMATION PLEASE CONTACT: 
Investor Relations
416-304-4443
Toll free at 1-877-4-Quadra (1-877-478-2372)
www.primedividend.com