Prime Dividend Corp. Monthly Dividend Declaration for Class A & Preferred Share

Read the original at Toronto Star ↗
Toronto Star · collected 2026-09-18 · by GlobeNewswire, Inc.

Quick Summary

Prime Dividend Corp., headquartered in Toronto, has announced its monthly dividend payouts: $0.13267 for each Class A share and $0.05667 for each Preferred share. The dividends are payable to shareholders of record as of September 30, 2026, with the payment date set for October 9, 2026. This distribution aligns with the company’s policy announced in July 2014, which sets a 10.00% annualized dividend rate based on the volume-weighted average market price of Class A shares over the last five trading days of the preceding month.
Written locally by qwen2.5:14b on 2026-09-19, using this article's own text rather than the other coverage of the same event (that is the story summary below).

AI analysis runs on qwen2.5:14b, locally

Story summary

On September 18, 2026, Prime Dividend Corp declared a monthly dividend of $0.13267 for each Class A share and $0.05667 for each Preferred share. The dividends are payable on October 9, 2026 to shareholders who were recorded as owners on September 30, 2026. Under the company's distribution policy announced on July 17, 2014, which applies a 10.00% annualized rate based on the volume weighted average market price (VWAP) of Class A shares over the last five trading days of the preceding month, this dividend amount is calculated from a VWAP of $15.92 for August 2026. The policy ensures that the yield remains stable at 10.00% based on the VWAP.

Written for “Corporate Dividend Announcement” on 2026-10-04, grounded in this article and the 0 other(s) covering the same event.

Signals How these are calculated →

Claims extracted
4
claim-shaped sentences
Uncertain
0%
0 of 4 hedged
Leaning
not political
takes no side on a contested political question
Correction & hedging signals
63.3
corrections and hedging in what we collected; not a measure of accuracy
Outlets on this story
1
Economy/Business
Narrative spread
1
articles carrying this framing
Analyzed 2026-09-19 · how these are computed

Story

📰 Corporate Dividend Announcement
Economy/Business · 1 article(s) covering the same event.

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Compared with similar articles

This article reads unscored and hedges 0% of its claims. Each row says how that neighbour differs.
Toronto Star
⚖️ leaning not scored 🔴 0% hedged 0 of 1 📰 publisher trust 63
“The articles are about different companies declaring dividends on different dates with distinct details.”

Publisher

Toronto Star · 5172 article(s) · 17 correction(s) detected
Running correction rate · 17 correction(s)
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Who wrote this

No reporter is named on this article, beyond the feed's “GlobeNewswire, Inc.”.

Topics

GLOBE NEWSWIRE Prime Dividend Corp. TORONTO VWAP

Subjects

VWAP ORG · 2× GLOBE NEWSWIRE ORG · 1× Prime Dividend Corp. ORG · 1× TORONTO GPE · 1×

Narrative

Under the distribution policy announced on July 17, 2014, the monthly dividend payable on the Class A shares is determined by applying a 10.00% annualized rate on the volume weighted average market price (VWAP) of the Class A shares over the last 5 trading days of the preceding month.
framing: assertive · carried by 1 article(s) · first seen 2026-09-19
🔮 As a result, Class A shareholders of record on September 30, 2026 will receive a dividend of $0.13267 per share based on the VWAP of $15.92 payable on October 9, 2026.

Claims (4 extracted, 0 hedged)

Prime Dividend Corp. (The “Company”) declares its monthly distribution of $0.13267 for each Class A share and $0.05667 for each Preferred share. asserted
Corp. → declare → share
Under the distribution policy announced on July 17, 2014, the monthly dividend payable on the Class A shares is determined by applying a 10.00% annualized rate on the volume weighted average market price (VWAP) of the Class A shares over the last 5 trading days of the preceding month. asserted
dividend → announce → month
As a result, Class A shareholders of record on September 30, 2026 will receive a dividend of $0.13267 per share based on the VWAP of $15.92 payable on October 9, 2026. asserted
shareholders → receive → October
The yield will remain stable at 10.00% (based on the VWAP) under this distribution policy. asserted
yield → remain → policy
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