Monthly Distributions Announced by Premium Global Income Split Corp.
Premium Global Income Split Corp. Announces Dividend Distribution
Premium Global Income Split Corp. has recently made an exciting announcement regarding its monthly dividends for shareholders. The company, known under the tickers (TSX: PGIC; PGIC.PR.A), is set to distribute significant amounts to investors in the coming month. This continuity in paying dividends highlights the company's commitment to providing value to its shareholders.
Details of the Monthly Dividends
For the upcoming distribution, shareholders can expect dividends to be paid on January 31, 2025. This is an important date for those who hold shares as they will need to be on record by January 15, 2025. The distributions are detailed as follows:
Class A Shares
For the Class A shares of Premium Global Income Split Corp., which are represented by the ticker PGIC, the company will be distributing an amount of $0.08000 per share. This is an encouraging signal for investors who rely on these returns as part of their income strategy.
Preferred Shares
In addition to Class A shares, those who hold Preferred Shares, identified under the ticker PGIC.PR.A, will receive a monthly distribution of $0.06250 per share. This distribution further provides a reliable income source for shareholders holding onto these financial instruments.
Tax Implications of the Distributions
Understanding the nature of these distributions is essential for shareholders. Any parts of the distributions that are classified as ordinary taxable dividends, rather than capital gains dividends, are considered eligible dividends. It's crucial for investors to be aware of the tax implications these dividends could have when planning their finances.
Contact Information for Shareholders
For any inquiries or additional information regarding the distributions, shareholders can reach out to the Investor Relations department at 416.681.3966. Alternatively, they may contact the toll-free number at 1.800.725.7172 or email info@mulvihill.com. The company also maintains a website at www.mulvihill.com for broader investor resources.
Leadership at Mulvihill Capital Management Inc.
John Germain serves as the Senior Vice-President and CFO of Mulvihill Capital Management Inc., which is the management firm overseeing Premium Global Income Split Corp. The firm's office is located at 121 King Street West Suite 2600, Toronto, Ontario M5H 3T9. Under John Germain's leadership, the company continues to uphold its strong performance and commitment to its investors.
Frequently Asked Questions
1. What are the upcoming distribution dates for Premium Global Income Split Corp.?
Distributions will be payable on January 31, 2025, with a record date of January 15, 2025.
2. How much will shareholders receive for Class A Shares?
Shareholders of Class A Shares, ticker PGIC, will receive $0.08000 per share.
3. What is the distribution for Preferred Shares?
Preferred Shares, ticker PGIC.PR.A, will receive $0.06250 per share.
4. Are the dividends from Premium Global Income Split Corp. taxable?
Yes, the distributions may include ordinary taxable dividends and are considered eligible dividends.
5. How can I get in touch with Investor Relations for more details?
Investors can call 416.681.3966, toll free at 1.800.725.7172, or email info@mulvihill.com for further information.
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