TORONTO, July 03, 2020 (GLOBE NEWSWIRE) -- (TSX: PIC.A; PIC.PR.A) Premium Income Corporation has declared quarterly distributions payable on July 31, 2020 to shareholders of record on July 15, 2020 in the following amounts per share:

Share ClassTicker Amount Per Share
Class A SharesPIC.A $0.10000
Preferred SharesPIC.PR.A$0.215625

To the extent that any portion of the distributions are ordinary taxable dividends and not capital gains dividends, they will be eligible dividends.

For further information, please contact Investor Relations at 416.681.3966, toll free at 1.800.725.7172, email at or visit

John Germain, Senior Vice-President & CFOStrathbridge Asset Management Inc.
121 King Street West
Suite 2600
Toronto, Ontario, M5H 3T9