Premium Income CorporationPIC-A.TO

$12.14+0.19 (+1.59%)
TSXFinancial Services24:00 UTC

Company snapshot

Market Cap
$212M
Micro-cap
+137%
2016 — today
10-Year Price
+45%
2016 — today
52-Week Range
$5.08$12.14
Current $12.14· 100%

Managed by Strathbridge Asset Management Inc., Premium Income Corporation is a Canadian equity mutual fund that primarily focuses its investments on the public stock markets within Canada, specifically targeting the banking industry. This fund strategically utilizes financial derivatives, such as call and put options, to secure holdings in major Canadian banks including Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, and Toronto Dominion Bank. A core objective is to invest in enterprises that distribute dividends. Established on August 27, 1996, this Canadian-domiciled fund assesses its performance by benchmarking against the S&P/TSX Diversified Banks Total Return Index.

Valuation in context

P/E ratio
1.1
Around average
Around the 10-year average
P/B ratio
1.3
Below average
Below the 10-year average
EV / EBITDA
2.3
Near historic low
Near historic low — last 10 years
Dividend Yield
7.5%
Near historic low
Near historic low — last 10 years
PEG ratio
0.0
Near historic low
Near historic low — last 10 years
FCF Yield
-7.4%
Below average
Below the 10-year average
Free · No credit card needed

Get alerted when PIC-A.TO is cheap

Set a free alert — we'll push you when P/E, yield, or other metrics cross a historical threshold.