TSX:PIC-PR-A -
The current stock price of PIC-PR-A.CA is 15.84 CAD. In the past month the price increased by 0.7%. In the past year, price increased by 6.45%.
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.
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
The current stock price of PIC-PR-A.CA is 15.84 CAD.
The exchange symbol of PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 is PIC-PR-A and it is listed on the Toronto Stock Exchange exchange.
PIC-PR-A.CA stock is listed on the Toronto Stock Exchange exchange.
PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 (PIC-PR-A.CA) has a market capitalization of 272.76M CAD. This makes PIC-PR-A.CA a Micro Cap stock.
PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 (PIC-PR-A.CA) currently has 0 employees.
PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 (PIC-PR-A.CA) has a support level at 15.76 and a resistance level at 15.85. Check the full technical report for a detailed analysis of PIC-PR-A.CA support and resistance levels.
There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:
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 2.57. Check the full fundamental report for a detailed analysis of PIC-PR-A.CA dividend history, reliability and sustainability.
PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 (PIC-PR-A.CA) will report earnings on 2026-01-27.
The PE ratio for PREMIUM INCOME CORP - PICA 8 1/2 11/01/31 (PIC-PR-A.CA) is 2.46. This is based on the reported non-GAAP earnings per share of 6.43 and the current share price of 15.84 CAD. Check the full fundamental report for a full analysis of the valuation metrics for PIC-PR-A.CA.
ChartMill assigns a technical rating of 6 / 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: 63.79% of all stocks are doing better.
ChartMill assigns a fundamental rating of 4 / 10 to PIC-PR-A.CA. The financial health of PIC-PR-A.CA is average, but there are quite some concerns on its profitability.
Over the last trailing twelve months PIC-PR-A.CA reported a non-GAAP Earnings per Share(EPS) of 6.43. The EPS increased by 235.81% compared to the year before.
Industry Rank | Sector Rank | ||
---|---|---|---|
PM (TTM) | 471.19% | ||
ROA | 23.31% | ||
ROE | 23.33% | ||
Debt/Equity | 0 |