Is Prime Dividend Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Prime Dividend Corp (PDV.TO) is currently classified as NOT COVERED as of May 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Prime Dividend Corp a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Prime Dividend Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Prime Dividend Corp?

Muslim investors may consider investing in Prime Dividend Corp if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Prime Dividend Corp classified as NOT COVERED?

Musaffa determines the Shariah status of Prime Dividend Corp by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Prime Dividend Corp updated?

The Shariah compliance status of Prime Dividend Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Prime Dividend Corp become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Prime Dividend Corp?

You can check the latest Shariah compliance status of Prime Dividend Corp on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Prime Dividend Corp. Stock Analysis PDV.TO

Canada N/A Nano Cap

Prime Dividend Corp. operates as a mutual fund corporation. The Company’s investment objectives are to provide holders of Preferred Shares with cumulative preferential floating rate monthly cash dividends at a rate per annum equal to the prime rate plus 2.35%, with a minimum annual rate of 5.0% and a maximum annual rate of 8%; and to provide holders of Class A Shares with regular monthly cash distributions; and to return the original issue price of $10 and $15 to holders of Preferred Shares and Class A Shares, respectively. The firm invests in an actively managed portfolio of equity securities. In addition, up to 20% of the Net Asset Value may be invested in equity securities of issuers in the financial services or utilities sectors in Canada or the United States. The company invests in various sectors, such as banks, life insurance companies, investment management companies, and utilities and other sectors. Quadravest Capital Management Inc. is the investment manager of the Company.

Key Statistics of Prime Dividend Corp (PDV.TO)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

CAD12.84CAD12.84

Today's Open

CAD12.84

Volume

105.00

P/E Ratio (TTM)

3.21

52 Week Range

CAD8.21CAD12.85

Market Cap

6.91M

Avg. Volume

2120.64

Dividend Yield

12.79%

Financial Metrics & Statements of Prime Dividend Corp (PDV.TO)

FAQ's for Prime Dividend Corp (PDV.TO)

According to Musaffa’s Shariah screening methodology, Prime Dividend Corp (PDV.TO) is currently classified as NOT COVERED as of May 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.