TORONTO, ONTARIO--(Marketwired - Jan 6, 2016) - Premium Income Corporation (TSX:PIC.A)(TSX:PIC.PR.A) has declared quarterly distributions payable on January 29, 2016 to shareholders of record on January 15, 2016, ex-dividend date of January 13, 2016, 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.