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

Company Overview

to provide Class A shareholders with quarterly cash distributions equal to the amount, if any, by which the net realized capital gains, dividends and option premiums (other than option premiums in respect of options outstanding at year-end) earned on the Funds portfolio in any year, net of expenses and loss carry forwards, exceed the amount of the distributions paid on Class A shares upon windup of the Fund To accomplish its objectives, the Fund invests at least 75 percent of its net asset value (``NAV) in common shares of the Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada and The Toronto-Dominion Bank (collectively, the ``Banks) and may also invest up to 25 percent of its NAV in common shares of National Bank of Canada.

Key Stats

• Today's Range: C$7.44 to C$7.61
• 50-Day Range: C$6.16 to C$7.47
• 52-Week Range: C$3.66 to C$7.68
• Volume: 35,085 shs
• Average Volume: 47,108 shs
• Market Capitalization: C$120.63 million
• P/E Ratio: 2.18
• Dividend Yield: 15.35%
• 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 stock has increased by 25.3% and is now trading at C$7.58.

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
• CIK: N/A
• Web: www.strathbridge.com
• Phone: 416-681-3966
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): C$3.48
• Trailing P/E Ratio: 2.14
• 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: N/A
• Price / Sales: N/A
• Cash Flow: C$24.64 per share
• Price / Cash Flow: 0.30
• Book Value: C$2.77 per share
• Price / Book: 2.69

Miscellaneous

• Outstanding Shares: 15,873,000
• Free Float: N/A
• Market Cap: C$118.41 million
• Optionable: Not Optionable
• Beta: 1.10