PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 (PIC-PR-A.CA) Stock Price, Forecast & Analysis
TSX:PIC-PR-A
PIC-PR-A.CA Key Statistics, Chart & Performance
The current stock price of PIC-PR-A.CA is 16.45 CAD. In the past month the price increased by 1.54%. In the past year, price increased by 6.61%.
PIC-PR-A.CA Technical Analysis
ChartMill assigns a technical rating of 4 / 10 to PIC-PR-A.CA. When comparing the yearly performance of all stocks, PIC-PR-A.CA is a bad performer in the overall market: 65.86% of all stocks are doing better.
PIC-PR-A.CA Fundamental Analysis
ChartMill assigns a fundamental rating of 3 / 10 to PIC-PR-A.CA. PIC-PR-A.CA scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages.
PIC-PR-A.CA Financial Highlights
Over the last trailing twelve months PIC-PR-A.CA reported a non-GAAP Earnings per Share(EPS) of 4.8. The EPS decreased by -17.88% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 599.75% | ||
| ROA | 19.89% | ||
| ROE | 20.1% | ||
| Debt/Equity | 0 |
PIC-PR-A.CA Forecast & Estimates
PIC-PR-A.CA Ownership
About PIC-PR-A.CA
Company Profile
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.
Company Info
PREMIUM INCOME CORP - PICA 8 1/2 11/01/31
121 King Street West,Suite 2600, Standard Life Centre, P.O. Box 113
TORONTO ONTARIO M5H 3T9 CA
CEO: John P. Mulvihill
Employees: 0
Phone: 14166813900
PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 / PIC-PR-A.CA FAQ
What does PIC-PR-A do?
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.
What is the stock price of PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 today?
The current stock price of PIC-PR-A.CA is 16.45 CAD. The price increased by 0.43% in the last trading session.
Does PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 pay dividends?
PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 (PIC-PR-A.CA) has a dividend yield of 20.47%. The yearly dividend amount is currently 2.12.
What is the ChartMill rating of PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 stock?
PIC-PR-A.CA has a ChartMill Technical rating of 4 out of 10 and a ChartMill Fundamental rating of 3 out of 10.
What is the market capitalization of PIC-PR-A stock?
PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 (PIC-PR-A.CA) has a market capitalization of 304.32M CAD. This makes PIC-PR-A.CA a Small Cap stock.