Prime Dividend Corp. ("Prime Dividend") declares its regular monthly distribution of $0.06250 (5.00% annualized) for each Class A share which reflects the distribution policy of prime rate in Canada (3.00% as at June 15, 2013) plus 2% annually. Prime Dividend also declares its regular monthly distribution of $0.04167 (5.00% annualized) for each Preferred share which reflects the distribution policy of prime rate plus 0.75% annually. An annual Class A and Preferred share payment of 5.00% is the minimum payment as per the prospectus. Distributions are payable July 10, 2013 to shareholders on record as of June 28, 2013.

Since inception Class A shareholders have received a total of $6.54 per share and Preferred shareholders have received a total of $4.22 per share inclusive of this distribution, for a combined total of $10.76 per unit.

Prime Dividend invests in a portfolio of high yielding Canadian Companies as follows:


Banks               Investment          Life Insurance     Utilities & Other
                    Management                                              
Bank of Montreal    AGF Management      Great-West Lifeco  BCE Inc.         
Bank of Nova        Ltd.                Inc.               TransAlta Corp   
Scotia              CI Financial Corp.  Manulife           TransCanada Corp 
CIBC                IGM Financial Inc.  Financial Corp.    Power Financial  
National Bank of                        Sun Life           Corp.            
Canada                                  Financial Inc.     TMX Group Inc.   
Royal Bank of                                                               
Canada                                                                      
Toronto-Dominion                                                            
Bank                                                                        

Shares held within the Portfolio will generally represent no less than 4% and no more than 8% of the net asset value.


Distribution Details:                                                       
Class A Share (PDV)                                                 $0.06250
Preferred Share (PDV.PR.A)                                          $0.04167
Ex-Dividend Date:                                              June 26, 2013
Record Date:                                                   June 28, 2013
Payable Date:                                                  July 10, 2013

Contacts: Prime Dividend Corp. Investor Relations 416-304-4443 or toll free at 1-877-4-Quadra (1-877-478-2372) www.primedividend.com

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