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Prime Dividend Cl A ( (TSE:PDV) ) has provided an update.
Prime Dividend Corp. has announced its monthly dividend distribution of $0.07108 for Class A shares and $0.06500 for Preferred shares, payable on February 10, 2025, to shareholders of record as of January 31, 2025. This announcement is in line with the company’s distribution policy, which ensures a stable yield of 10.00% for Class A shares based on the volume weighted average market price. The consistent distribution highlights the company’s commitment to providing stable returns to its shareholders, enhancing its positioning in the market as a reliable dividend-paying entity.
More about Prime Dividend Cl A
Prime Dividend Corp. is a company that invests in a portfolio of high-yielding Canadian companies across various sectors, including utilities, life insurance, investment management, and banking. Its investments include well-known Canadian firms such as BCE Inc., TransAlta Corp., TC Energy Corp., National Bank of Canada, Royal Bank of Canada, and Toronto-Dominion Bank.
YTD Price Performance: -1.20%
Average Trading Volume: 1,481
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$4.87M
For a thorough assessment of PDV stock, go to TipRanks’ Stock Analysis page.