Company

Premium Income Corporation

Headquarters: Toronto, ON, Canada

TSX: PIC.A -0.47%

Market Cap

C$67.0 Million

CAD as of Jan. 1, 2024

US$50.6 Million

Market Cap History

Premium Income Corporation market capitalization over time

Evolution of Premium Income Corporation market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Premium Income Corporation

Detailed Description

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.

Top 1-year algo backtest: +269.94%

$10,000 in May 2023 would now be $36,994 by following this algorithm daily at market close.

Boost your stocks returns with Disfold AI... Now!

Try Disfold AI for FREE

Stocks & Indices

Premium Income Corporation has the following listings and related stock indices.


Stock: TSX: PIC.A wb_incandescent

Details

Headquarters:

121 King Street West

Standard Life Centre Suite 2600

Toronto, ON M5H 3T9

Canada

Phone: 416-681-3966

Fax: 416-681-3901