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

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Cite

Prime Dividend Corp. Monthly Dividend Declaration for Class A & Preferred Share. (2026, September 18). Toronto Star. https://www.thestar.com/globenewswire/prime-dividend-corp-monthly-dividend-declaration-for-class-a-preferred-share/article_5c9ee455-8594-5689-b8c1-c01d438d6c46.html

Dated when The Aporia collected the article, usually within hours of publication. Check the original for its exact date and byline.

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 by AI on 2026-09-19, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

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 2026-11-03, grounded in this article and the 0 other(s) covering the same event.

Story

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

Compared with similar articles

This article reads unscored and hedges 0% of its claims. Each row says how that neighbour differs.
Toronto Star
Hedges 0 of 1 claims Outlet record 64/100
“The articles are about different companies declaring dividends on different dates with distinct details.”
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
4
sentences that state something as happening or true
Uncertain
0%
0 of 4 hedged ("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
64/100
Toronto Star's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-09-19 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

Toronto Star · 11229 article(s) · 28 correction(s) detected
Running correction rate · 28 correction(s)
2026-10-26
Correction
2026-10-24
Correction
2026-10-07
Correction
2026-09-24
Correction

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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