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 September 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 October 10, 2013 to shareholders on record as of September 30, 2013.

Since inception Class A shareholders have received a total of $6.73 per share and Preferred shareholders have received a total of $4.35 per share inclusive of this distribution, for a combined total of $11.08 per unit.

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

                   Investment                                               
Banks              Management         Life Insurance     Utilities & Other  
                                      Great-West Lifeco                     
Bank of Montreal   AGF Management Ltd.Inc.               BCE Inc.           
                                      Manulife Financial                    
Bank of Nova ScotiaCI Financial Corp. Corp.              TransAlta Corp     
                                      Sun Life Financial                    
CIBC               IGM Financial Inc. Inc.               TransCanada Corp   
National Bank of                                         Power Financial    
Canada                                                   Corp.              
Royal Bank of                                                               
Canada                                                   TMX Group Inc.     
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:                 September 26, 2013                        
Record Date:                      September 30, 2013                        
Payable Date:                     October 10, 2013                          

Contacts: Investor Relations 416-304-4443 Toll free at 1-877-4-Quadra (1-877-478-2372) www.primedividend.com