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Prime Dividend Corp.(PDV)

Description: Prime Dividend Corp. is a mutual fund company. The Company's investment objective is to invest primarily in a portfolio of common shares. The Company may also invest till approximately 20% of its Net Asset Value in equity securities of issuers in the financial services or utilities sectors in Canada or the United States. The Company offers two types of shares: Preferred Shares and Class A Shares. The investment objectives with respect to the Preferred shares is to provide holders of Preferred Shares with cumulative floating rate monthly cash dividends at a rate per annum equal to the prevailing Canadian prime rate plus 0.75%, with a minimum annual rate of 5% and a maximum annual rate of 7% based on the original issue price ($10) of the Preferred shares. The Company invests in a range of sectors, which include banks, life insurance companies, investment management companies, and utilities and other sectors. Quadravest Capital Management Inc. is the investment manager for the Company.


Keywords: Bank Investment Management Insurance Dividend Mutual Fund Life Insurance Utilities Preferred Stock Insurance Companies Split Share Corporation

Home Page: www.primedividend.com

PDV Technical Analysis

77 King Street West
Toronto, ON M5K 1K7
Canada
Phone: 416-304-4440


Exchange: TO

Country: CA : Canada

Currency: Canadian Dollar (C$)

Forward PE: 0
Trailing PE: 36.1111
Price-to-Book MRQ: 0.8044
Price-to-Sales TTM: 5.9137
IPO Date:
Fiscal Year End: November
Full Time Employees: 0
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