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Premium Income Corporation Announces Quarterly Distribution

TORONTO, Jan. 02, 2018 (GLOBE NEWSWIRE) -- Premium Income Corporation (TSX:PIC.A) (TSX:PIC.PR.A) has declared quarterly distributions payable on January 31, 2018 to shareholders of record on January 15, 2018 (ex-dividend date: January 12, 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 & CFO Strathbridge Asset Management Inc.

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

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