Prime Dividend Corp. Monthly Dividend Declaration for Class A & Preferred Share

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Postmedia has not reviewed the content. by GlobeNewswire Prime Dividend Corp. Monthly Dividend Declaration for Class A & Preferred ShareAuthor of the article:TORONTO, Aug. 19, 2026 (GLOBE NEWSWIRE) — Globe NewsWire: Prime Dividend Corp. (The “Company”) declares its monthly distribution of $0.13908 for each Class A share and $0.05667 for each Preferred share. Distributions are payable September 10, 2026 to shareholders on record as at August 31, 2026.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountUnder the distribution policy announced on July 17, 2014, the monthly dividend payable on the Class A shares is determined by applying a 10.00% annualized rate on the volume weighted average market price (VWAP) of the Class A shares over the last 5 trading days of the preceding month. As a result, Class A shareholders of record on August 31, 2026 will receive a dividend of $0.13908 per share based on the VWAP of $16.69 payable on September 10, 2026. The yield will remain stable at 10.00% (based on the VWAP) under this distribution policy.Preferred shareholders will receive prime plus 2.35% with a minimum rate of 5.00% and a maximum rateGet the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againSince inception Class A shareholders have received a total of $15.73 per share and Preferred shareholders have received a total of $12.07 per share inclusive of this distribution, for a combined total of $27.80.The Company invests primarily in a portfolio of high yielding Canadian Companies as follows:BanksInvestment ManagementLife InsuranceUtilities & OtherBank of MontrealAGF Management Ltd.Great-West Lifeco Inc.BCE Inc.Bank of Nova ScotiaIGM Financial Inc.Manulife Financial CorporationTransAlta Corp.CIBC Sun Life Financial Inc.TC Energy Corp.National Bank of Canada Power Financial Corp.Royal Bank of Canada TMX Group Inc.Toronto-Dominion Bank Class A Share (PDV)$0.13908Preferred Share (PDV.PR.A)$0.05667Record Date:August 31, 2026Payable Date:September 10, 2026This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. 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