Prime Dividend Corp. ("Prime Dividend") declares its regular monthly
distribution of $0.06250 (5.00% annualized) for each Class A share which
reflects the distribution policy of prime rate in Canada (3.00% as at March 15,
2012) plus 2% annually. Prime Dividend also declares its regular monthly
distribution of $0.04167 (5.00% annualized) for each Preferred share which
reflects the distribution policy of prime rate plus 0.75% annually. An annual
Class A and Preferred share payment of 5.00% is the minimum payment as per the
prospectus. Distributions are payable April 10, 2012 to shareholders on record
as of March 30, 2012.


Since inception Class A shareholders have received a total of $5.60 per share
and Preferred shareholders have received a total of $3.60 per share inclusive of
this distribution, for a combined total of $9.20 per share.


Prime Dividend invests in a portfolio of high yielding Canadian Companies as
follows:




          Banks Investment Management   Life Insurance     Utilities & Other
                                                                            
        Bank of                      Great-West Lifeco                      
       Montreal   AGF Management Ltd.             Inc.              BCE Inc.
                                                                            
   Bank of Nova                               Manulife                      
         Scotia    CI Financial Corp.  Financial Corp.        TransAlta Corp
                                                                            
                                              Sun Life                      
           CIBC    IGM Financial Inc.   Financial Inc.      TransCanada Corp
                                                                            
  National Bank                                                             
      of Canada                                        Power Financial Corp.
                                                                            
  Royal Bank of                                                             
         Canada                                               TMX Group Inc.
                                                                            
       Toronto-                                                             
  Dominion Bank                                                             



Shares held within the Portfolio will generally represent no less than 4% and no
more than 8% of the net asset value.




Distribution Details:                                                       
Class A Share (PDV)                   $0.06250                              
Preferred Share (PDV.PR.A)            $0.04167                              
Ex-Dividend Date:                     March 28, 2012                        
Record Date:                          March 30, 2012                        
Payable Date:                         April 10, 2012
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