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

By GlobeNewswire

TORONTO, Sept. 18, 2026 (GLOBE NEWSWIRE) -- Prime Dividend Corp. (The "Company") declares its monthly distribution of $0.13267 for each Class A share and $0.05667 for each Preferred share. Distributions are payable October 9, 2026 to shareholders on record as at September 30, 2026.

Under 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 September 30, 2026 will receive a dividend of $0.13267 per share based on the VWAP of $15.92 payable on October 9, 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 rate.

Since inception Class A shareholders have received a total of $15.86 per share and Preferred shareholders have received a total of $12.13 per share inclusive of this distribution, for a combined total of $27.99.

The Company invests primarily in a portfolio of high yielding Canadian Companies as follows:

BanksInvestment ManagementLife InsuranceUtilities & Other
Bank 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   


Distribution Details

Class A Share (PDV)$0.13267
Preferred Share (PDV.PR.A)$0.05667
Record Date:September 30, 2026
Payable Date:October 9, 2026




Investor Relations: 1-877-478-2372Local: 416-304-4443www.primedividend.cominfo@quadravest.com



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