Premium Income Corp (PIC-PA.TO)

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15.53

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As of December 17 at 9:43:44 AM EST. Market Open.

Premium Income Corporation Announces Monthly Distribution

TORONTO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- (TSX: PIC.A; PIC.PR.A) Premium Income Corporation has declared monthly distributions payable on December 31, 2024 to shareholders of record on December 13, 2024 in the following amounts per share: Share ClassTickerAmount Per Share Class A SharesPIC.A$0.08000Preferred SharesPIC.PR.A$0.10625 To the extent that any portion of the distributions are ordinary taxable dividends and not capital gains dividends, they will be eligible dividends. For further infor

GlobeNewswire 14 days ago

PIC-A.TO
+0.33%
PIC-PA.TO
0.00%
Premium Income Corporation Announces Final Class A Share Consolidation Ratio

TORONTO, Nov. 12, 2024 (GLOBE NEWSWIRE) -- (TSX: PIC.A) Premium Income Corporation (the “Fund”) previously announced that in connection with the special retraction right granted to shareholders arising as a result of the extension of the term of the Fund to November 1, 2031, more Preferred shares than Class A shares were retracted and accordingly, the Fund anticipated consolidating its Class A shares on or about November 12, 2024 such that post-consolidation, there would be an approximately equa

GlobeNewswire last month

PIC-A.TO
+0.33%
PIC-PA.TO
0.00%
PREMIUM INCOME CORPORATION ANNOUNCES CLOSING OF OVERNIGHT OFFERING OF PREFERRED SHARES

(TSX: PIC.PR.A) – Premium Income Corporation (the "Fund") is pleased to announce that it has completed the previously announced treasury offering of 4,350,000 preferred shares (the "Preferred Shares") for gross proceeds of approximately $65,250,000. The Preferred Shares will trade on the Toronto Stock Exchange under the existing symbol PIC.PR.A.

CNW Group last month

PIC-A.TO
+0.33%
PIC-PA.TO
0.00%
Premium Income Corporation Announces Successful Overnight Offering Of Preferred Shares

Not for distribution to U.S. newswire services or for dissemination in the United States. TORONTO, Oct. 30, 2024 (GLOBE NEWSWIRE) -- (TSX: PIC.PR.A) – Premium Income Corporation (the “Fund”) is pleased to announce a successful overnight treasury offering of 4,350,000 Preferred Shares. Gross proceeds of the offering are expected to be $65,250,000. The offering is expected to close on or about November 6, 2024, and is subject to certain closing conditions including approval by the Toronto Stock Ex

GlobeNewswire last month

PIC-A.TO
+0.33%
PIC-PA.TO
0.00%
Premium Income Corporation Announces Overnight Offering of Preferred Shares

Not for distribution to U.S. newswire services or for dissemination in the United States. TORONTO, Oct. 29, 2024 (GLOBE NEWSWIRE) -- (TSX: PIC.PR.A) – Premium Income Corporation (the “Fund”) is pleased to announce that it is undertaking an overnight treasury offering of Preferred Shares (the “Offering”). The sales period for the overnight offering will end tomorrow, October 30, 2024. The offering is expected to close on or about November 6, 2024, and is subject to certain closing conditions incl

GlobeNewswire last month

PIC-A.TO
+0.33%
PIC-PA.TO
0.00%
Premium Income Corporation Announces Class A Consolidation Ratio

TORONTO, Oct. 25, 2024 (GLOBE NEWSWIRE) -- (TSX: PIC.A; PIC.PR.A) Premium Income Corporation (the “Fund”) is pleased to announce that in connection with the special retraction right granted to shareholders arising as a result of the extension of the term of the Fund to November 1, 2031, the Fund is announcing a consolidation of its Class A shares effective the opening of trading on or about November 12, 2024. As more Preferred shares than Class A shares were retracted on the special retraction,

GlobeNewswire last month

PIC-A.TO
+0.33%
PIC-PA.TO
0.00%
Premium Income Corporation Announces Quarterly Distribution

TORONTO, Oct. 02, 2024 (GLOBE NEWSWIRE) -- (TSX: PIC.A; PIC.PR.A) Premium Income Corporation has declared quarterly distributions payable on October 31, 2024 to shareholders of record on October 15, 2024 in the following amounts per share: Share ClassTickerAmount Per ShareClass A SharesPIC.A$0.20319Preferred SharesPIC.PR.A$0.215625 To the extent that any portion of the distributions are ordinary taxable dividends and not capital gains dividends, they will be eligible dividends. For further infor

GlobeNewswire 2 months ago

PIC-A.TO
+0.33%
PIC-PA.TO
0.00%
PREMIUM INCOME CORPORATION ANNOUNCES AUTOMATIC TERM EXTENSION

(TSX: PIC.A) (TSX: PIC.PR.A) Premium Income Corporation (the "Fund") is pleased to announce that the term of the Fund will be extended automatically for an additional seven year period beyond November 1, 2024 to November 1, 2031 as provided for in its articles of incorporation. In addition, in connection with the new term, holders of Class A shares will continue to receive ongoing leveraged exposure to a high-quality portfolio consisting principally of common shares of Bank of Montreal, The Bank

CNW Group 3 months ago

PIC-A.TO
+0.33%
PIC-PA.TO
0.00%
Premium Income Corporation Preferred Share Rate Increase and Change to Monthly Distribution

TORONTO, Aug. 30, 2024 (GLOBE NEWSWIRE) -- (TSX: PIC.PR.A) Premium Income Corporation (the “Fund”) is pleased to announce the Preferred Share distribution rate for the fiscal year beginning November 1, 2024, will increase to 8.50% from 5.75% on their $15.00 redemption value and will move to paying a monthly distribution from a quarterly distribution. Monthly distributions will be $0.10625 per share or $1.275 per share per annum. Premium Income Corporation is a mutual fund corporation, which inve

GlobeNewswire 3 months ago

PIC-A.TO
+0.33%
PIC-PA.TO
0.00%
PREMIUM INCOME CORPORATION ESTABLISHES AT-THE-MARKET EQUITY PROGRAM

(TSX: PIC.A) (TSX: PIC.PR.A) – Premium Income Corporation (the "Fund") is pleased to announce it has established an at-the-market equity program ("ATM Program") that allows the Fund to issue shares of the Fund to the public from time to time, at the Fund's discretion, effective until September 7, 2026, unless terminated prior to such date by the Fund. Any Class A Shares or Preferred Shares sold in the ATM Program will be sold through the Toronto Stock Exchange (the "TSX") or any other marketplac

CNW Group 4 months ago

PIC-A.TO
+0.33%
PIC-PA.TO
0.00%
Premium Income Corporation Announces Semi-Annual Results

TORONTO, June 27, 2024 (GLOBE NEWSWIRE) -- (TSX: PIC.A; PIC.PR.A) Premium Income Corporation (the “Fund”) announces results of operations for the six months ended April 30, 2024. Increase in net assets attributable to holders of Class A shares amounted to $42.4 million or $2.62 per Class A share. Net assets attributable to holders of Class A shares as at April 30, 2024 were $47.9 million or $2.77 per Class A share. Cash distributions of $0.43 per Preferred share and $0.41 per Class A share were

GlobeNewswire 5 months ago

PIC-A.TO
+0.33%
PIC-PA.TO
0.00%
Premium Income Corporation Announces Year End Results

TORONTO, Jan. 22, 2024 (GLOBE NEWSWIRE) -- (TSX: PIC.A; PIC.PR.A) Premium Income Corporation today announces results of operations for the fiscal year ended October 31, 2023. Decrease in net assets attributable to holders of Class A shares amounted to $44.8 million or $3.20 per Class A share. Net assets attributable to holders of Class A shares were $7.1 million or $0.46 per Class A share. Cash distributions of $0.86 per Preferred share and $0.81 per Class A share were paid during the year. Prem

GlobeNewswire 10 months ago

PIC-A.TO
+0.33%
PIC-PA.TO
0.00%

Performance Overview

Return	PIC-PA.TO	S&P/TSX Composite index
YTD	+21.12%	+19.57%
1-Year	+23.72%	+22.07%
3-Year	+23.73%	+20.84%

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Premium Income Corp (PIC-PA.TO)

Premium Income Corporation Announces Monthly Distribution

Premium Income Corporation Announces Final Class A Share Consolidation Ratio

PREMIUM INCOME CORPORATION ANNOUNCES CLOSING OF OVERNIGHT OFFERING OF PREFERRED SHARES

Premium Income Corporation Announces Successful Overnight Offering Of Preferred Shares

Premium Income Corporation Announces Overnight Offering of Preferred Shares

Premium Income Corporation Announces Class A Consolidation Ratio

Premium Income Corporation Announces Quarterly Distribution

PREMIUM INCOME CORPORATION ANNOUNCES AUTOMATIC TERM EXTENSION

Premium Income Corporation Preferred Share Rate Increase and Change to Monthly Distribution

PREMIUM INCOME CORPORATION ESTABLISHES AT-THE-MARKET EQUITY PROGRAM

Premium Income Corporation Announces Semi-Annual Results

Premium Income Corporation Announces Year End Results

Performance Overview