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Prime Dividend Corp. Declares Monthly Dividend for April 2025

Story Highlights
  • Prime Dividend Corp. invests in high-yield Canadian companies across various sectors.
  • The company announced stable monthly dividends for Class A and Preferred shares, payable April 10, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Prime Dividend Corp. Declares Monthly Dividend for April 2025

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

Prime Dividend Corp. has announced its monthly dividend distribution for both Class A and Preferred shares, with payments scheduled for April 10, 2025. Class A shareholders will receive $0.06608 per share, maintaining a stable yield of 10% based on the volume-weighted average market price, while Preferred shareholders will receive $0.06083 per share. This announcement reflects the company’s ongoing commitment to providing stable returns to its investors, with Class A shareholders having received a total of $14.17 per share since inception, and Preferred shareholders $11.08 per share.

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 investment management, life insurance, and utilities. Their portfolio includes major financial institutions and corporations such as the Bank of Montreal, Royal Bank of Canada, and BCE Inc.

YTD Price Performance: -9.34%

Average Trading Volume: 961

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$4.55M

Find detailed analytics on PDV stock on TipRanks’ Stock Analysis page.

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