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Article: Prime Dividend Corp.: Financial Results to May 31, 2009.
- Article from:
- Marketwire Canada
- Article date:
- July 29, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TORONTO, ONTARIO, Jul 29, 2009 (Marketwire via COMTEX) -- Prime Dividend Corp. ("Prime Dividend") announces its semi-annual financial results for the six months ending May 31, 2009.
The six month period ending May 31, 2009 was one of the most tumultuous periods in financial market history. Against this backdrop, the market prices of the stocks in the portfolio mirrored this activity reaching lows in early March but recovering significantly by the end of May. The net asset value as at May 31 ended $1.73 higher to $16.29 per unit over the six month period. Preferred shareholders received all distributions at their fixed rate for a total of $0.25002 per share. As a ...