Prime Dividend Corp. (The "Company") declares its monthly distribution of $0.06242 for each Class A share and $0.04167 for each Preferred share. Distributions are payable August 10, 2021 to shareholders on record as at July 30, 2021.

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 July 30, 2021 will receive a dividend of $0.06242 per share based on the VWAP of $7.49 payable on August 10, 2021. The yield will remain stable at 10.00% (based on the VWAP) under this distribution policy. 

Preferred shareholders will receive prime plus 2.35% with a minimum rate of 5.00%.

Since inception Class A shareholders have received a total of $11.86 per share and Preferred shareholders have received a total of $8.43 per share inclusive of this distribution, for a combined total of $20.29. 

Banks Investment Management Life Insurance Utilities & Other 
Bank of Montreal  AGF Management Ltd.  Great-West Lifeco Inc.  BCE Inc. 
Bank of Nova Scotia  CI Financial Corp.  Manulife Financial Corporation  TransAlta Corp. 
CIBC IGM Financial Inc.  Sun Life Financial Inc.  TC Energy Corp. 
National Bank of Canada      Power Financial Corp. 
Royal Bank of Canada      TMX Group Inc. 
Toronto-Dominion Bank       
Distribution Details
   
Class A Share (PDV)  $0.06242
Preferred Share (PDV.PR.A) $0.04167 
Ex-Dividend Date: July 29, 2021 
Record Date:  July 30, 2021 
Payable Date: August 10, 2021

Investor Relations: 1-877-478-2372 Local: 416-304-4443 www.primedividend.cominfo@quadravest.com

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