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Premium Income Corporation PIC-A.TO · Stock Open Premium Income Corporation in new tab

9.36 CAD
P/E
1.33
EPS
7.01
Yield
9.03%
Safety Score
48
P/B
0.99
ROE
102.79
Beta
1.08
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Key Metrics
Earnings dateApril 8, 2026
P/E1.33
EPS7.01
Book Value9.39
Price to Book0.99
Debt/Equity127.05
Growth
Revenue Growth13.29%
Earnings Growth1.01%
Dividend
Dividend Yield9.03%
Annual dividends0.86 CAD
Ex-Div. DateOct. 15, 2026
Payout10.96%
5y avg Yield14.86%

DCF valuation

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Assumptions
Growth– Capex– Tax– Terminal g– Cost of equity– Cost of debt–

Premium Income Corporation Logo Premium Income Corporation Analysis (PIC-A.TO)

Canada Financial Services Official Website Stock

Is Premium Income Corporation a good investment? Premium Income Corporation (PIC-A.TO) is currently trading at 9.36 CAD.

In terms of valuation, the stock trades at a P/E ratio of 1.33. 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 9.03%. With a payout ratio of 11%, the dividend appears sustainable.

Investor FAQ

Does Premium Income Corporation pay a dividend?

Yes, it pays an annual dividend of 0.86 CAD (9.03% yield).

What asset class is Premium Income Corporation?

Premium Income Corporation is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.

When is the next earnings date?

The next earnings date is projected to be April 8, 2026. The company currently has a trailing EPS of 7.01.

Company Profile

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.

Exchange Ticker
PIC-A.TO
Trades
Dividend Yield
9.03%
5y avg 14.86%
Annual Dividends
0.86CAD
Next Ex. Div Date
Oct. 15, 2026
Payout Ratio
10.96%
Dividend History paid per year (CAD)
Historical Dividends
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
Upcoming Dividends
Name Payment Date Status Amount
Premium Income Corporation Oct 30, 2026 Upcoming 0.09 CAD
Premium Income Corporation Sep 29, 2026 0.09 CAD
Premium Income Corporation Aug 31, 2026 0.09 CAD
Premium Income Corporation Jul 31, 2026 0.09 CAD
Premium Income Corporation Jun 30, 2026 0.09 CAD
Premium Income Corporation May 29, 2026 0.09 CAD
Premium Income Corporation Apr 30, 2026 0.09 CAD
Premium Income Corporation Mar 31, 2026 0.09 CAD
Premium Income Corporation Feb 27, 2026 0.09 CAD
Premium Income Corporation Jan 30, 2026 0.09 CAD
Premium Income Corporation Dec 31, 2025 0.072727 CAD
Premium Income Corporation Nov 28, 2025 0.072727 CAD
Stock Splits
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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