Prime Dividend Corp. declared its monthly distribution of $0.07467 for each Class A share. Distributions are payable July 8, 2022 to shareholders on record as at June 30, 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 of the Class A shares over the last 5 trading days of the preceding month. As a result, Class A shareholders of record on June 30, 2022 will receive a dividend of $0.07467 per share based on the VWAP of $8.96 payable on July 8, 2022. The yield will remain stable at 10.00% under this distribution policy.