TORONTO, Oct. 02, 2020 (GLOBE NEWSWIRE) -- (TSX: PIC.A; PIC.PR.A) Premium Income Corporation has declared quarterly distributions payable on October 30, 2020 to shareholders of record on October 15, 2020 in the following amounts per share:

Share Class    Ticker     Amount Per Share
Class A Shares    PIC.A    $0.10000
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, email at info@strathbridge.com or visit www.strathbridge.com

John Germain, Senior Vice-President & CFOStrathbridge Asset Management Inc.
121 King Street West
Suite 2600
Toronto, Ontario, M5H 3T9

Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the prospectus before investing. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.