Premium Income Corporation Announces Quarterly Distribution

TORONTO, April 03, 2018 (GLOBE NEWSWIRE) -- (TSX:PIC.A) (TSX:PIC.PR.A) Premium Income Corporation has declared quarterly distributions payable on April 30, 2018 to shareholders of record on April 13, 2018 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.

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

John Germain, Senior Vice-President & CFOStrathbridge Asset Management Inc.

121 King Street West
Suite 2600
Toronto, Ontario, M5H 3T9
416.681.3966; 1.800.725.7172

Source: Premium Income Corporation