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 October
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 November 8, 2013 to shareholders on record
as of October 31, 2013.


Since inception Class A shareholders have received a total of $6.79 per share
and Preferred shareholders have received a total of $4.39 per share inclusive of
this distribution, for a combined total of $11.18 per unit.


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




Banks             Investment         Life Insurance          Utilities &    
                  Management                                 Other          
Bank of Montreal  AGF Management     Great-West Lifeco Inc.  BCE Inc.       
                  Ltd.                                                      
Bank of Nova      CI Financial Corp. Manulife Financial      TransAlta Corp 
Scotia                               Corp.                                  
CIBC              IGM Financial Inc. Sun Life Financial Inc. TransCanada    
                                                             Corp           
National Bank of                                             Power Financial
Canada                                                       Corp.          
Royal Bank of                                                TMX Group Inc. 
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:                  October 29, 2013                        
Record Date:                       October 31, 2013                        
Payable Date:                      November 8, 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