Premium Income Pr(PIC-PR-A-T)TSX
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Volume
Day Low16.38
Day High16.41
Open:16.41
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52-Week High/Low
Volume
Average Volume
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Forward Annual Dividend & Yield
Market Capitalization, $M
5-Day Change
Profile
Premium Income Corp is a mutual fund corporation. The investment objective is to provide Preferred shareholders with cumulative preferential quarterly cash distributions to provide Class A shareholders with quarterly cash distributions and return the original issue price to holders of both Preferred shares and Class A shares upon windup of the Fund. The fund mainly invests in common shares of the Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada and The Toronto-Dominion Bank and common shares of National Bank of Canada.