Powered by

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

Nov 20, 2018 - GlobeNewswire

TORONTO, Nov. 20, 2018 (GLOBE NEWSWIRE) -- Prime Dividend Corp. (The "Company") declares its monthly distribution of $0.05125 for each Class A share and $0.04167 for each Preferred share. Distributions are payable December 10, 2018 to shareholders on record as at November 30, 2018.

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...