Prime Dividend Corp. Declares Monthly Dividends

Prime Dividend Cl A (TSE:PDV) has released an update.

Prime Dividend Corp. has announced its monthly dividend payouts, with Class A shareholders receiving $0.05375 per share and Preferred shareholders getting $0.06667 per share, payable on April 10, 2024, to those on record as of March 28, 2024. The distribution continues the company’s policy of a 10.00% annualized rate based on the share’s market price, maintaining a consistent yield for investors. Since the company’s inception, cumulative distributions have reached $23.74 per share, combining both Class A and Preferred shares.

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