TORONTO, ONTARIO--(Marketwired - April 4, 2016) - (TSX:PIC.A)(PIC.PR.A) Premium Income Corporation has declared quarterly distributions payable on April 29, 2016 to shareholders of record on April 15, 2016 (ex-dividend date: April 13, 2016) in the following amounts per share:

Share Class Ticker Amount Per Share
Class A Shares PIC.A $0.20319
Preferred Shares PIC.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.

Contact Information:

Strathbridge Asset Management Inc.
Aaron Ho
Vice-President, Finance

Strathbridge Asset Management Inc.
416.681.3966 or Toll Free: 1.800.725.7172
121 King Street West Suite 2600
Toronto, Ontario, M5H 3T9
info@strathbridge.com
www.strathbridge.com