Split Corporation
Class A share & preferred share data · Live TSX data, updated daily
Class A (PIC) price
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Class A Yield
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Preferred Yield
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NAV / Unit
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Downside Protection
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Dividend Coverage
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Maturity Date
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The fund issues two classes. Class A (PIC) pays a higher, variable monthly dividend and floats with the portfolio. Preferred shares rank ahead of Class A and give up upside for stability.
| Metric | Class A (PIC) | PIC.PR.A |
|---|---|---|
| Price | — | $16.58 |
| Current Yield | — | 7.69% |
| Dividend | Variable monthly | $0.1063 |
| 52-Week Range | — | $16.07–$16.88 |
| Priority | Juniors — paid after preferreds | Senior — paid first, cumulative |
| Detail page | n/a (fund quote) | — |
PIC is a split corporation: a closed-end fund that splits a portfolio of dividend-paying stocks into two classes of shares with different risk-return profiles. Preferred shares — PIC.PR.A — receive a prioritized, cumulative monthly dividend; Class A shareholders give up that priority in exchange for a much higher yield.
PIC is a Canadian split corporation managed by its manager. It holds a portfolio of dividend-paying stocks and issues two classes of shares: Class A shares (higher yield, more risk) and preferred shares (prioritized, more stable dividends).
PIC is the Class A share — the equity class of the fund, with a higher (and variable) yield. PIC.PR.A is the preferred share class, which receives a prioritized cumulative dividend and ranks ahead of Class A. Downside protection exists based on the preferred shares' coverage.