Canada - Toronto Stock Exchange - TSX:PIC-A - CA7409107819
The current stock price of PIC-A.CA is 9.27 CAD. In the past month the price increased by 2.77%. In the past year, price increased by 51.72%.
ChartMill assigns a technical rating of 9 / 10 to PIC-A.CA. When comparing the yearly performance of all stocks, PIC-A.CA is one of the better performing stocks in the market, outperforming 74.39% of all stocks.
Premium Income Corp is a CA-based company operating in industry. The company is headquartered in Toronto, Ontario. Premium Income Corporation (the Fund) is a split-share company designed to provide Preferred shareholders with cumulative preferential quarterly cash distributions of $0.215625 per share, to provide Class A shareholders with quarterly cash distributions equal to the amount, if any, by which the net realized capital gains, dividends and option premiums earned on the Fund’s portfolio in any year, net of expenses and loss carryforwards, exceed the amount of the distributions paid on the Preferred shares, and to return the original issue price to holders of both Preferred shares and Class A shares upon windup of the Fund. The Fund invests at least 75% of its net asset value (NAV) in the common shares of Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada and Toronto-Dominion Bank and may also invest up to 25% of its NAV in common shares of National Bank of Canada. Mulvihill Capital Management Inc. is the Investment Manager of the Fund.
The current stock price of PIC-A.CA is 9.27 CAD. The price decreased by -2.01% in the last trading session.
PIC-A.CA has a ChartMill Technical rating of 9 out of 10 and a ChartMill Fundamental rating of 4 out of 10.
PIC-A.CA stock is listed on the Toronto Stock Exchange exchange.