# Prime Dividend Cuts Monthly Class A Distribution

> Prime Dividend Corp. reduces Class A dividend to CAD 0.12267 per share.
- Title: Prime Dividend Cuts Monthly Class A Distribution · TokenPost
- Summary: Prime Dividend Corp. reduces Class A dividend to CAD 0.12267 per share. Prime Dividend Corp. lowered its monthly Class A distribution to CAD 0.12267 per…
- Keywords: prime dividend corp, class a distribution, cad 0.12267, dividend cut, shareholder payment, preferred share payout, crypto, finance, Prime, Dividend, Cuts, Monthly
- Source: TokenPost — https://tokenpost.com/news/investing/36052
- Published: 2026-10-20T22:39:21+00:00
- Read time: 1 min
- Topics: prime dividend corp, class a distribution, cad 0.12267, dividend cut, shareholder payment, preferred share payout, crypto, finance
## Prime Dividend Corp. reduces Class A distribution
Prime Dividend Corp. reduced its monthly Class A distribution by CAD 0.01 per share to CAD 0.12267, lowering the upcoming payment for shareholders while keeping preferred share payout unchanged.
## New payment schedule
The new amount is payable Nov. 10 to shareholders of record Oct. 30, matching preferred shareholders' previous monthly payment of CAD 0.05667.
## Distribution calculation method
Prime Dividend sets Class A distribution using a 10% annualized rate applied to the shares’ volume-weighted average price over the final five trading days of the preceding month.
## Key takeaway

Prime Dividend Corp. lowered its monthly Class A distribution to CAD 0.12267 per share for shareholders.