ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

PDV Prime Dividend Corp

6.35
-0.04 (-0.63%)
Last Updated: 16:30:07
Delayed by 15 minutes
Share Name Share Symbol Market Type
Prime Dividend Corp TSX:PDV Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.04 -0.63% 6.35 6.12 6.49 6.40 6.35 6.40 5,076 16:30:07

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

20/01/2014 1:00pm

Marketwired Canada


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 January
15, 2014) 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 February 10, 2014 to shareholders on
record as of January 31, 2014.


Since inception Class A shareholders have received a total of $6.98 per share
and Preferred shareholders have received a total of $4.51 per share inclusive of
this distribution, for a combined total of $11.49 per unit.


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




Banks                                                                       
Bank of Montreal                                                            
Bank of Nova Scotia                                                         
CIBC                                                                        
National Bank of Canada                                                     
Royal Bank of Canada                                                        
Toronto-Dominion Bank                                                       
Investment Management                                                       
AGF Management Ltd.                                                         
CI Financial Corp.                                                          
IGM Financial Inc.                                                          
Life Insurance                                                              
Great-West Lifeco Inc.                                                      
Manulife Financial Corp.                                                    
Sun Life Financial Inc.                                                     
Utilities & Other                                                           
BCE Inc.                                                                    
TransAlta Corp                                                              
TransCanada Corp                                                            
Power Financial Corp.                                                       
TMX Group Inc.                                                              
                                                                            
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:                                           January 29, 2014
Record Date:                                                January 31, 2014
Payable Date:                                              February 10, 2014



     

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

1 Year Prime Dividend Chart

1 Year Prime Dividend Chart

1 Month Prime Dividend Chart

1 Month Prime Dividend Chart

Your Recent History

Delayed Upgrade Clock