Premium Income Corporation is an equity mutual fund launched and managed by Strathbridge Asset Management Inc. It invests in the public equity markets of Canada. It invests in stocks of companies operating primarily in the banking sector. The fund uses financial derivatives such as call and put options to invest in stocks of Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, and Toronto Dominion Bank. It seeks to invest in stocks of dividend paying companies. The fund benchmarks the performance of its portfolio against the S&P/TSX Diversified Banks Total Return Index. Premium Income Corporation was formed on August 27, 1996 and is domiciled in Canada.
The current price of PIC-PA.TO is C$16.44 CAD — it has increased by +0.18% in the past 24 hours. Watch Premium Income stock price performance more closely on the chart.
What is Premium Income stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on exchange Premium Income stocks are traded under the ticker PIC-PA.TO.
Is Premium Income stock price growing?▼
PIC-PA.TO stock has risen by +0.98% compared to the previous week, the month change is a -0.12% fall, over the last year Premium Income has showed a +10.34% increase.
What is Premium Income revenue for the last year?▼
Premium Income revenue for the last year amounts to 47.11B CAD.
What is Premium Income net income for the last year?▼
PIC-PA.TO net income for the last year is 15.79B CAD.
Does Premium Income pay dividends?▼
Yes, PIC-PA.TO dividends are paid monthly. The last dividend per share was 0.11 CAD. As of today, Dividend Yield (FWD)% is 7.76%.
In which sector is Premium Income located?▼
Premium Income operates in the Financials sector.
When did Premium Income complete a stock split?▼
The last stock split for Premium Income was on May 04, 2011 with a ratio of 2:1.