Prime Dividend Corp. declared its monthly distribution of $0.07717 for Class A share Distributions are payable June 10, 2022 to shareholders on record as at May 31, 2022. Under the distribution policy announced on July 17, 2014, the monthly dividend payable on the Class A shares is determined by applying a 10.00% annualized rate on the volume weighted average market price (VWAP) of the Class A shares over the last 5 trading days of the preceding month.

As a result, Class A shareholders of record on May 31, 2022 will receive a dividend of $0.07717 per share based on the VWAP of $9.26 payable on June 10, 2022. The yield will remain stable at 10.00% (based on the VWAP) under this distribution policy.