Is Premium Income Corporation a good investment? Premium Income Corporation (PIC-A.TO) is currently trading at 9.50 CAD.
In terms of valuation, the stock trades at a P/E ratio of 1.36. This relatively low multiple may signal that Premium Income Corporation is undervalued compared to historical market norms.
Earnings Schedule: Premium Income Corporation is expected to release its next earnings report on April 8, 2026.
For income investors, Premium Income Corporation pays a dividend yield of 9.41%. With a payout ratio of 11%, the dividend appears sustainable.
Yes, it pays an annual dividend of 0.89 CAD (9.41% yield).
Premium Income Corporation is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.
The next earnings date is projected to be April 8, 2026. The company currently has a trailing EPS of 7.01.
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.
| Year | Total Dividends |
|---|---|
| ▸2027 |
0.86 CAD
|
| Sept. 13, 2027 (estimated) | 0.0900 |
| Aug. 31, 2027 (estimated) | 0.0900 |
| July 30, 2027 (estimated) | 0.1132 |
| June 14, 2027 (estimated) | 0.0900 |
| May 31, 2027 (estimated) | 0.0900 |
| April 30, 2027 (estimated) | 0.1132 |
| March 15, 2027 (estimated) | 0.0900 |
| Feb. 26, 2027 (estimated) | 0.0900 |
| Jan. 29, 2027 (estimated) | 0.0954 |
| ▸2026 |
1.05 CAD
|
| Dec. 14, 2026 (estimated) | 0.0727 |
| Nov. 30, 2026 (estimated) | 0.0727 |
| Oct. 30, 2026 | 0.0900 |
| Sept. 29, 2026 | 0.0900 |
| Aug. 31, 2026 | 0.0900 |
| July 31, 2026 | 0.0900 |
| June 30, 2026 | 0.0900 |
| May 29, 2026 | 0.0900 |
| April 30, 2026 | 0.0900 |
| March 31, 2026 | 0.0900 |
| Feb. 27, 2026 | 0.0900 |
| Jan. 30, 2026 | 0.0900 |
| ▸2025 |
0.87 CAD
|
| Dec. 31, 2025 | 0.0727 |
| Nov. 28, 2025 | 0.0727 |
| Oct. 31, 2025 | 0.0727 |
| Sept. 29, 2025 | 0.0727 |
| Aug. 29, 2025 | 0.0727 |
| July 31, 2025 | 0.0727 |
| June 30, 2025 | 0.0727 |
| May 30, 2025 | 0.0727 |
| April 30, 2025 | 0.0727 |
| March 31, 2025 | 0.0727 |
| Feb. 28, 2025 | 0.0727 |
| Jan. 31, 2025 | 0.0727 |
| ▸2024 |
1.24 CAD
|
| Dec. 31, 2024 | 0.0727 |
| Nov. 29, 2024 | 0.0727 |
| Oct. 31, 2024 | 0.2734 |
| July 31, 2024 | 0.2734 |
| April 30, 2024 | 0.2734 |
| Jan. 31, 2024 | 0.2734 |
| ▸2023 |
1.09 CAD
|
| Oct. 31, 2023 | 0.2734 |
| July 31, 2023 | 0.2734 |
| April 28, 2023 | 0.2734 |
| Jan. 31, 2023 | 0.2734 |
| ▸2022 |
1.09 CAD
|
| Oct. 31, 2022 | 0.2734 |
| July 29, 2022 | 0.2734 |
| April 29, 2022 | 0.2734 |
| Jan. 31, 2022 | 0.2734 |
| ▸2021 |
0.99 CAD
|
| Oct. 29, 2021 | 0.2734 |
| July 30, 2021 | 0.2734 |
| April 30, 2021 | 0.2734 |
| Jan. 29, 2021 | 0.1684 |
| ▸2020 |
0.68 CAD
|
| Oct. 30, 2020 | 0.1347 |
| July 31, 2020 | 0.1347 |
| April 30, 2020 | 0.1347 |
| Jan. 31, 2020 | 0.2734 |
| ▸2019 |
1.09 CAD
|
| Oct. 31, 2019 | 0.2734 |
| July 31, 2019 | 0.2734 |
| April 30, 2019 | 0.2734 |
| Jan. 31, 2019 | 0.2734 |
| ▸2018 |
1.09 CAD
|
| Oct. 31, 2018 | 0.2734 |
| July 31, 2018 | 0.2734 |
| April 30, 2018 | 0.2734 |
| Jan. 31, 2018 | 0.2734 |
| ▸2017 |
1.09 CAD
|
| Oct. 31, 2017 | 0.2734 |
| July 31, 2017 | 0.2734 |
| April 28, 2017 | 0.2734 |
| Jan. 31, 2017 | 0.2734 |
| ▸2016 |
1.09 CAD
|
| Oct. 31, 2016 | 0.2734 |
| July 29, 2016 | 0.2734 |
| April 29, 2016 | 0.2734 |
| Jan. 29, 2016 | 0.2734 |
| ▸2015 |
1.09 CAD
|
| Oct. 30, 2015 | 0.2734 |
| July 31, 2015 | 0.2734 |
| April 30, 2015 | 0.2734 |
| Jan. 30, 2015 | 0.2734 |
| ▸2014 |
1.09 CAD
|
| Oct. 31, 2014 | 0.2734 |
| July 31, 2014 | 0.2734 |
| April 30, 2014 | 0.2734 |
| Jan. 31, 2014 | 0.2734 |
| ▸2013 |
1.09 CAD
|
| Oct. 31, 2013 | 0.2734 |
| July 31, 2013 | 0.2734 |
| April 30, 2013 | 0.2734 |
| Jan. 31, 2013 | 0.2734 |
| ▸2012 |
1.09 CAD
|
| Oct. 31, 2012 | 0.2734 |
| July 31, 2012 | 0.2734 |
| April 30, 2012 | 0.2734 |
| Jan. 31, 2012 | 0.2734 |
| ▸2011 |
1.09 CAD
|
| Oct. 31, 2011 | 0.2734 |
| July 29, 2011 | 0.2734 |
| April 29, 2011 | 0.2734 |
| Jan. 31, 2011 | 0.2734 |
| ▸2010 |
0.81 CAD
|
| Oct. 29, 2010 | 0.2020 |
| July 30, 2010 | 0.2020 |
| April 30, 2010 | 0.2020 |
| Jan. 29, 2010 | 0.2020 |
| ▸2009 |
1.21 CAD
|
| Oct. 30, 2009 | 0.2020 |
| Sept. 11, 2009 | 0.2015 |
| July 31, 2009 | 0.1347 |
| June 11, 2009 | 0.2015 |
| April 30, 2009 | 0.1347 |
| March 12, 2009 | 0.2015 |
| Jan. 30, 2009 | 0.1347 |
| ▸2008 |
2.32 CAD
|
| Dec. 11, 2008 | 0.2015 |
| Oct. 31, 2008 | 0.2694 |
| Sept. 11, 2008 | 0.2015 |
| July 31, 2008 | 0.2694 |
| June 12, 2008 | 0.3526 |
| April 30, 2008 | 0.2694 |
| March 13, 2008 | 0.3526 |
| Jan. 31, 2008 | 0.4040 |
| ▸2007 |
3.03 CAD
|
| Dec. 13, 2007 | 0.3526 |
| Oct. 31, 2007 | 0.4040 |
| Sept. 13, 2007 | 0.3526 |
| July 31, 2007 | 0.4040 |
| June 13, 2007 | 0.3526 |
| April 30, 2007 | 0.4040 |
| March 13, 2007 | 0.3526 |
| Jan. 31, 2007 | 0.4040 |
| ▸2006 |
2.89 CAD
|
| Dec. 13, 2006 | 0.3526 |
| Oct. 31, 2006 | 0.4040 |
| Sept. 13, 2006 | 0.3526 |
| July 31, 2006 | 0.4040 |
| June 13, 2006 | 0.3526 |
| April 28, 2006 | 0.4040 |
| March 13, 2006 | 0.3526 |
| Jan. 31, 2006 | 0.2694 |
| ▸2005 |
2.62 CAD
|
| Dec. 13, 2005 | 0.3526 |
| Oct. 31, 2005 | 0.2694 |
| Sept. 13, 2005 | 0.3526 |
| July 29, 2005 | 0.2694 |
| June 13, 2005 | 0.3526 |
| April 29, 2005 | 0.2694 |
| March 11, 2005 | 0.3526 |
| Jan. 31, 2005 | 0.4040 |
| ▸2004 |
2.89 CAD
|
| Dec. 13, 2004 | 0.3526 |
| Oct. 29, 2004 | 0.4040 |
| Sept. 13, 2004 | 0.3526 |
| July 30, 2004 | 0.4040 |
| June 11, 2004 | 0.3526 |
| April 30, 2004 | 0.4040 |
| March 11, 2004 | 0.3526 |
| Jan. 30, 2004 | 0.2694 |
| ▸2003 |
2.83 CAD
|
| Dec. 11, 2003 | 0.3526 |
| Oct. 31, 2003 | 0.4040 |
| Sept. 11, 2003 | 0.3526 |
| July 31, 2003 | 0.4040 |
| June 12, 2003 | 0.2519 |
| April 30, 2003 | 0.4040 |
| March 13, 2003 | 0.2519 |
| Jan. 31, 2003 | 0.4040 |
| ▸2002 |
3.26 CAD
|
| Dec. 12, 2002 | 0.2519 |
| Oct. 31, 2002 | 0.4040 |
| Sept. 26, 2002 | 0.2519 |
| July 31, 2002 | 0.4040 |
| June 26, 2002 | 0.5037 |
| April 30, 2002 | 0.4000 |
| March 26, 2002 | 0.5037 |
| Jan. 31, 2002 | 0.5387 |
| ▸2001 |
4.91 CAD
|
| Dec. 27, 2001 | 0.5037 |
| Oct. 31, 2001 | 1.2795 |
| Sept. 26, 2001 | 0.5037 |
| July 31, 2001 | 0.5387 |
| June 27, 2001 | 0.5037 |
| April 30, 2001 | 0.5387 |
| March 28, 2001 | 0.5037 |
| Jan. 31, 2001 | 0.5387 |
| ▸2000 |
4.52 CAD
|
| Dec. 27, 2000 | 0.7556 |
| Oct. 31, 2000 | 0.6734 |
| Sept. 27, 2000 | 0.7556 |
| July 31, 2000 | 0.4040 |
| June 28, 2000 | 0.5037 |
| April 28, 2000 | 0.4040 |
| March 29, 2000 | 0.7556 |
| Jan. 31, 2000 | 0.2694 |
| ▸1999 |
1.83 CAD
|
| Dec. 29, 1999 | 0.6045 |
| Dec. 6, 1999 | 0.1511 |
| Oct. 29, 1999 | 0.2694 |
| July 30, 1999 | 0.2694 |
| April 30, 1999 | 0.2694 |
| Jan. 29, 1999 | 0.2694 |
| ▸1998 |
1.27 CAD
|
| Oct. 30, 1998 | 0.4000 |
| July 31, 1998 | 0.2694 |
| April 30, 1998 | 0.3000 |
| Jan. 30, 1998 | 0.3000 |
| ▸1997 |
6.00 CAD
|
| Oct. 31, 1997 | 3.6029 |
| July 31, 1997 | 1.9015 |
| April 30, 1997 | 0.3000 |
| Jan. 31, 1997 | 0.2000 |
| Name | Payment Date | Status | Amount |
|---|---|---|---|
| Premium Income Corporation | Oct 30, 2026 | Upcoming | 0.09 CAD |
| Premium Income Corporation | Sep 29, 2026 | Paid | 0.09 CAD |
| Premium Income Corporation | Aug 31, 2026 | Paid | 0.09 CAD |
| Premium Income Corporation | Jul 31, 2026 | Paid | 0.09 CAD |
| Premium Income Corporation | Jun 30, 2026 | Paid | 0.09 CAD |
| Premium Income Corporation | May 29, 2026 | Paid | 0.09 CAD |
| Premium Income Corporation | Apr 30, 2026 | Paid | 0.09 CAD |
| Premium Income Corporation | Mar 31, 2026 | Paid | 0.09 CAD |
| Premium Income Corporation | Feb 27, 2026 | Paid | 0.09 CAD |
| Premium Income Corporation | Jan 30, 2026 | Paid | 0.09 CAD |
| Premium Income Corporation | Dec 31, 2025 | Paid | 0.072727 CAD |
| Premium Income Corporation | Nov 28, 2025 | Paid | 0.072727 CAD |
| Split Date | Split Ratio to 1 |
|---|---|
| Nov. 1, 2010 | 0.74 |
| Nov. 12, 2024 | 0.68 |
| Jan. 13, 2026 | 1.1 |
| May 1, 2026 | 1.1 |
| June 29, 2026 | 1.2 |
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