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 www.strathbridge.com