PRM Big Pharma Split Corp Class A Share
In this page I have compiled the information which allows you to evaluate PRM Big Pharma Split Corp Class A Share, based on the latest stock information available. Our goal is to provide you with the information and metrics related to the Class A shares of this split-corporation. Your goal is to determine if this issue meets your requirements. These tools will expedite and aid the selection process. Given all the data available here, an informed decision is within reach.
In a market with low volumes you can use this information to identify mispriced shares.
Big Pharma Split Corp Brief Overview
Visit the Big Pharma Split Corp company website to see the preferred share prospectus, news and other information.
Sector: Split Share
Main Features of this Spit Share Instrument:
- Big Pharma Split Corp. invests in an initially equally-weighted portfolio comprised of Equity Securities of ten issuers, selected by the Portfolio Manager from the Investable Universe
- Issues invested on are listed on a North American exchange; (ii) pay a dividend; and (iii) have options in respect of its Equity Securities that, in the opinion of the Portfolio Manager, are sufficiently liquid to permit the Portfolio Manager to write options in respect of such securities
Dividend Growth Split Corp offers two type of shares,
- Class A shares that pay monthly distributions of $0.1031 representing a yield of 0.08248% per annum on the issue price
- Preferred shares that pay a quarterly distribution representing a yield of 5.0% per annum on the issue price of $10.00
The latest information and statistics on their common stock PRM, can be easily accessed using websites like TMX Money.
Big Pharma Split Corp Credit Rating
The latest credit rating for Big Pharma Split Corp are listed in the table below. For additional information on credit rating agencies and codes see our article Credit Rating Symbols.
| S&P Corporate | S&P Preferreds | DBRS Long Term | DBRS Preferreds | S&P Global Corporate | S&P Global Preferreds | Moody's LongTerm | PFD-3H |
|---|
Big Pharma Split Corp Class A Share Metrics
| Symbol: TSE:PRM | Price: $14.63 | Currency: CAD | Name: Big Pharma Split Corp | : | Dividend: $0.1031 | Target Yield: 8.25% | Current Yield: 8.46% | Dividend Pay Frequency: Monthly | : | Current NAV: $25.31 | NAV As Of Date: 2023-04-14 | NAV Threshold: $15.00 | Class A Only NAV: $15.31 | Class A Issue Price: $15.00 | Variable Dividend: N | Outstanding Float: 1,319,965 | Total Distributions: $9.99 | Class A Only Distributions: $7.3140 | Issuer Name: Harvest Portfolios Group |
PRM Net Asset Value vs Threshold over time
The graph below shows relation between the Split Share Net Asset Value and the dividend payout threshold for split shares ( PRM ) over time. Place the mouse cursor over the graph to reveal data like (date, Split Share price detail).Keep in mind if the share price of any of these split shares fall below the threshold of $15.00, the dividend will not be paid out.
PRM Current Yield over time
The graph below shows the Current Yield of the Class A share ( PRM ) over time. Place the mouse cursor over the graph to reveal data like (date, Split Share price detail).Keep in mind if the share price of any of these split shares fall below the threshold, the dividend will not be paid out.
PRM Class A of Split Share Stock Short Position over time
The graph below shows the short position for PRM Class A share over time. Place the mouse cursor over the graph to reveal data like (date, short position detail).Currently the outstanding float for PRM is 1,319,965 and the latest short position is 700. Thus the current short position is 0.0500% of the outstanding float.