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

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

TORONTO, ONTARIO--(Marketwired - Jun 18, 2014) - 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 June 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 July 10, 2014 to shareholders on record as of June 30, 2014.

Since inception Class A shareholders have received a total of $7.29 per share and Preferred shareholders have received a total of $4.72 per share inclusive of this distribution, for a combined total of $12.01 per unit.

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

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

Distribution Details:
Class A Share (PDV)	$0.06250
Preferred Share (PDV.PR.A)	$0.04167
Ex-Dividend Date:	June 26, 2014
Record Date:	June 30, 2014
Payable Date:	July 10, 2014

Investor Relations416-304-4443Toll free at 1-877-4-Quadra (1-877-478-2372)www.primedividend.com