{"success":true,"data":{"pressRelease":{"id":"122911","rtpr_id":"nGNXbL56M9","ticker":"PDV","exchange":"TSX","all_tickers":["PDV"],"title":"Prime Dividend Corp. Monthly Dividend Declaration for Class A & Preferred Share","author":"Globe Newswire","published_at":"2026-08-19T13:00:00.285Z","article_body":"TORONTO, Aug. 19, 2026 (GLOBE NEWSWIRE) -- Globe NewsWire: Prime Dividend\nCorp. (The \"Company\") declares its monthly distribution of $0.13908 for each\nClass A share and $0.05667 for each Preferred share. Distributions are\npayable September 10, 2026 to shareholders on record as at August 31, 2026.\n\nUnder the distribution policy announced on July 17, 2014, the monthly dividend\npayable on the Class A shares is determined by applying a 10.00% annualized\nrate on the volume weighted average market price (VWAP) of the Class A shares\nover the last 5 trading days of the preceding month. As a result, Class A\nshareholders of record on August 31, 2026 will receive a dividend of $0.13908\nper share based on the VWAP of $16.69 payable on September 10, 2026. The yield\nwill remain stable at 10.00% (based on the VWAP) under this distribution\npolicy.\n\nPreferred shareholders will receive prime plus 2.35% with a minimum rate of\n5.00% and a maximum rate\n\nSince inception Class A shareholders have received a total of $15.73 per share\nand Preferred shareholders have received a total of $12.07 per share inclusive\nof this distribution, for a combined total of $27.80.\n\nThe Company invests primarily in a portfolio of high yielding Canadian\nCompanies as follows:\n\n Banks                    Investment Management  Life Insurance                  Utilities & Other      \n Bank of Montreal         AGF Management Ltd.    Great-West Lifeco Inc.          BCE Inc.               \n Bank of Nova Scotia      IGM Financial Inc.     Manulife Financial Corporation  TransAlta Corp.        \n CIBC                                            Sun Life Financial Inc.         TC Energy Corp.        \n National Bank of Canada                                                         Power Financial Corp.  \n Royal Bank of Canada                                                            TMX Group Inc.         \n Toronto-Dominion Bank                                                                                  \n\n\n\nDistribution Details\n\n Class A Share (PDV)         $0.13908            \n Preferred Share (PDV.PR.A)  $0.05667            \n Record Date:                August 31, 2026     \n Payable Date:               September 10, 2026  \n\n\n\n Investor Relations: 1-877-478-2372  Local: 416-304-4443  www.primedividend.com  info@quadravest.com  \n\n\n\n\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/79f4916a-496e-42f7-a36e-feeed11547d5)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNXbL56M9","title":"Prime Dividend Corp. Monthly Dividend Declaration for Class A & Preferred Share","author":"Globe Newswire","ticker":"PDV","created":"2026-08-19T13:00:00.285Z","tickers":["PDV"],"exchange":"TSX","article_body":"TORONTO, Aug. 19, 2026 (GLOBE NEWSWIRE) -- Globe NewsWire: Prime Dividend\nCorp. (The \"Company\") declares its monthly distribution of $0.13908 for each\nClass A share and $0.05667 for each Preferred share. Distributions are\npayable September 10, 2026 to shareholders on record as at August 31, 2026.\n\nUnder the distribution policy announced on July 17, 2014, the monthly dividend\npayable on the Class A shares is determined by applying a 10.00% annualized\nrate on the volume weighted average market price (VWAP) of the Class A shares\nover the last 5 trading days of the preceding month. As a result, Class A\nshareholders of record on August 31, 2026 will receive a dividend of $0.13908\nper share based on the VWAP of $16.69 payable on September 10, 2026. The yield\nwill remain stable at 10.00% (based on the VWAP) under this distribution\npolicy.\n\nPreferred shareholders will receive prime plus 2.35% with a minimum rate of\n5.00% and a maximum rate\n\nSince inception Class A shareholders have received a total of $15.73 per share\nand Preferred shareholders have received a total of $12.07 per share inclusive\nof this distribution, for a combined total of $27.80.\n\nThe Company invests primarily in a portfolio of high yielding Canadian\nCompanies as follows:\n\n Banks                    Investment Management  Life Insurance                  Utilities & Other      \n Bank of Montreal         AGF Management Ltd.    Great-West Lifeco Inc.          BCE Inc.               \n Bank of Nova Scotia      IGM Financial Inc.     Manulife Financial Corporation  TransAlta Corp.        \n CIBC                                            Sun Life Financial Inc.         TC Energy Corp.        \n National Bank of Canada                                                         Power Financial Corp.  \n Royal Bank of Canada                                                            TMX Group Inc.         \n Toronto-Dominion Bank                                                                                  \n\n\n\nDistribution Details\n\n Class A Share (PDV)         $0.13908            \n Preferred Share (PDV.PR.A)  $0.05667            \n Record Date:                August 31, 2026     \n Payable Date:               September 10, 2026  \n\n\n\n Investor Relations: 1-877-478-2372  Local: 416-304-4443  www.primedividend.com  info@quadravest.com  \n\n\n\n\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/79f4916a-496e-42f7-a36e-feeed11547d5)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-08-19T13:00:00.43910696Z","server_sent_at_ms":1787144400439},"received_at":"2026-08-19T13:00:00.535Z","source_url":"https://www.globenewswire.com/news-release/2026/08/19/3347699/0/en/prime-dividend-corp-monthly-dividend-declaration-for-class-a-preferred-share.html"},"analysis":{"id":"111893","press_release_id":"122911","analysis_json":{"industry":{"label":"Capital Markets","sector":"Financials"},"redFlags":[],"eventType":"dividend","narrative":"Prime Dividend Corp. declared monthly distributions of $0.13908 per Class A share and $0.05667 per Preferred share, payable on September 10, 2026 to shareholders of record on August 31, 2026.\n\nThe Class A dividend is calculated using a 10.00% annualized yield based on a VWAP of $16.69, while the Preferred dividend is set at prime plus 2.35%.\n\nSince inception, the company has distributed a combined total of $27.80 per share, consisting of $15.73 to Class A shareholders and $12.07 to Preferred shareholders.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine dividend declaration consistent with the existing distribution policy."},"keyFigures":{"customDimensions":{"class_a_vwap":16.69,"class_a_annualized_yield":"10.00%","class_a_dividend_per_share":0.13908,"preferred_dividend_per_share":0.05667,"total_class_a_distribution_since_inception":15.73,"combined_total_distribution_since_inception":27.8,"total_preferred_distribution_since_inception":12.07}},"quotedText":"","namedEntities":{"people":[],"products":["Class A Share","Preferred Share"],"companies":[{"name":"Bank of Montreal","relationship":"portfolio holding"},{"name":"Bank of Nova Scotia","relationship":"portfolio holding"},{"name":"CIBC","relationship":"portfolio holding"},{"name":"National Bank of Canada","relationship":"portfolio holding"},{"name":"Royal Bank of Canada","relationship":"portfolio holding"},{"name":"Toronto-Dominion Bank","relationship":"portfolio holding"},{"name":"AGF Management Ltd.","relationship":"portfolio holding"},{"name":"IGM Financial Inc.","relationship":"portfolio holding"},{"name":"Great-West Lifeco Inc.","relationship":"portfolio holding"},{"name":"Manulife Financial Corporation","relationship":"portfolio holding"},{"name":"Sun Life Financial Inc.","relationship":"portfolio holding"},{"name":"BCE Inc.","relationship":"portfolio holding"},{"name":"TransAlta Corp.","relationship":"portfolio holding"},{"name":"TC Energy Corp.","relationship":"portfolio holding"},{"name":"Power Financial Corp.","relationship":"portfolio holding"},{"name":"TMX Group Inc.","relationship":"portfolio holding"}],"dollarAmounts":[{"amount":"$0.13908","context":"monthly distribution per Class A share"},{"amount":"$0.05667","context":"monthly distribution per Preferred share"},{"amount":"$16.69","context":"volume weighted average market price (VWAP)"},{"amount":"$15.73","context":"total distribution per Class A share since inception"},{"amount":"$12.07","context":"total distribution per Preferred share since inception"},{"amount":"$27.80","context":"combined total distribution per share since inception"}]},"materialImpact":{"score":1,"reasoning":"Routine monthly dividend declaration based on the company's existing formulaic distribution policy. No changes to policy or material strategic updates."},"tickerRelevance":{"others":[{"ticker":"PDV.PR.A","relevance":"subsidiary/security"}],"primary":"PDV"},"globalImportance":10,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"routine_dividend","sectorWeight":"financials"}},"event_type":"dividend","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Prime Dividend Corp. declared monthly distributions of $0.13908 per Class A share and $0.05667 per Preferred share, payable on September 10, 2026 to shareholders of record on August 31, 2026.\n\nThe Class A dividend is calculated using a 10.00% annualized yield based on a VWAP of $16.69, while the Preferred dividend is set at prime plus 2.35%.\n\nSince inception, the company has distributed a combined total of $27.80 per share, consisting of $15.73 to Class A shareholders and $12.07 to Preferred shareholders.","key_figures":{"customDimensions":{"class_a_vwap":16.69,"class_a_annualized_yield":"10.00%","class_a_dividend_per_share":0.13908,"preferred_dividend_per_share":0.05667,"total_class_a_distribution_since_inception":15.73,"combined_total_distribution_since_inception":27.8,"total_preferred_distribution_since_inception":12.07}},"named_entities":{"people":[],"products":["Class A Share","Preferred Share"],"companies":[{"name":"Bank of Montreal","relationship":"portfolio holding"},{"name":"Bank of Nova Scotia","relationship":"portfolio holding"},{"name":"CIBC","relationship":"portfolio holding"},{"name":"National Bank of Canada","relationship":"portfolio holding"},{"name":"Royal Bank of Canada","relationship":"portfolio holding"},{"name":"Toronto-Dominion Bank","relationship":"portfolio holding"},{"name":"AGF Management Ltd.","relationship":"portfolio holding"},{"name":"IGM Financial Inc.","relationship":"portfolio holding"},{"name":"Great-West Lifeco Inc.","relationship":"portfolio holding"},{"name":"Manulife Financial Corporation","relationship":"portfolio holding"},{"name":"Sun Life Financial Inc.","relationship":"portfolio holding"},{"name":"BCE Inc.","relationship":"portfolio holding"},{"name":"TransAlta Corp.","relationship":"portfolio holding"},{"name":"TC Energy Corp.","relationship":"portfolio holding"},{"name":"Power Financial Corp.","relationship":"portfolio holding"},{"name":"TMX Group Inc.","relationship":"portfolio holding"}],"dollarAmounts":[{"amount":"$0.13908","context":"monthly distribution per Class A share"},{"amount":"$0.05667","context":"monthly distribution per Preferred share"},{"amount":"$16.69","context":"volume weighted average market price (VWAP)"},{"amount":"$15.73","context":"total distribution per Class A share since inception"},{"amount":"$12.07","context":"total distribution per Preferred share since inception"},{"amount":"$27.80","context":"combined total distribution per share since inception"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-19T14:13:19.837Z","global_importance":10,"audience_relevance":15,"importance_components":{"tickerTier":"small-cap","eventGravity":"routine_dividend","sectorWeight":"financials"}},"durationMs":262230,"modelName":"glm-4.7"}}