Premium Income (PIC.A) Stock Price, News & Analysis

Company Overview

Premium Income Corporation is an equity mutual fund launched and managed by Strathbridge Asset Management Inc. It invests in the public equity markets of Canada. It invests in stocks of companies operating primarily in the banking sector. The fund uses financial derivatives such as call and put options to invest in stocks of Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, and Toronto Dominion Bank. It seeks to invest in stocks of dividend paying companies. The fund benchmarks the performance of its portfolio against the S&P/TSX Diversified Banks Total Return Index. Premium Income Corporation was formed on August 27, 1996 and is domiciled in Canada.

Key Stats

• Today's Range: C$5.82 to C$5.89
• 50-Day Range: C$5.76 to C$6.40
• 52-Week Range: C$3.39 to C$6.71
• Volume: 35,296 shs
• Average Volume: 37,783 shs
• Market Capitalization: C$113.37 million
• P/E Ratio: 0.00
• Dividend Yield: 13.85%
• Price Target: N/A
• Consensus Rating: N/A

PIC.A Stock Analysis - Frequently Asked Questions

How have PIC.A shares performed this year?

Premium Income's stock was trading at C$6.05 on January 1st, 2025. Since then, PIC.A shares have decreased by 2.6% and is now trading at C$5.89.
View the best growth stocks for 2025 here.

How do I buy shares of Premium Income?

Shares of PIC.A stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: N/A
• Current Symbol: TSE:PIC.A
• CUSIP: N/A
• CIK: N/A
• Web: www.strathbridge.com
• Phone: 416-681-3966
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): C$26,183.26
• Trailing P/E Ratio: 0.00
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$3.78 million
• Net Margins: 17.94%
• Pretax Margin: N/A
• Return on Equity: 7.93%
• Return on Assets: 3.82%

Debt

• Debt-to-Equity Ratio: 562.70
• Current Ratio: 1.18
• Quick Ratio: 1.45

Sales & Book Value

• Annual Sales: C$21.10 million
• Price / Sales: 5.41
• Cash Flow: C$19.46 per share
• Price / Cash Flow: 0.30
• Book Value: C$2.77 per share
• Price / Book: 2.13

Miscellaneous

• Outstanding Shares: 19,380,000
• Free Float: N/A
• Market Cap: C$114.15 million
• Optionable: Not Optionable
• Beta: 1.20