Laura Johnson - Prime Dividend Secretary and Director

PDV Stock  CAD 8.79  0.01  0.11%   

Director

Ms. Laura L. Johnson is the Secretary, Director of Prime Dividend Corporationration She is the Portfolio Manager and Managing Director of Quadravest. Ms. Johnson has over 20 years of experience in the financial services industry, including extensive experience with investment products employing investment strategies similar to those of the Company. Ms. Johnson has significant experience in structured finance, equity, fixed income and option areas.
Address 200 Front Street West, Toronto, ON, Canada, M5V 3K2
Phone416-304-4440
Webhttps://www.primedividend.com

Prime Dividend Management Efficiency

As of the 13th of December 2024, Return On Tangible Assets is likely to grow to -0.01. In addition to that, Return On Capital Employed is likely to grow to -0.01. At this time, Prime Dividend's Total Assets are very stable compared to the past year. As of the 13th of December 2024, Other Assets is likely to grow to about 23.6 M, while Non Currrent Assets Other are likely to drop (13.9 M). Prime Dividend's management efficiency ratios could be used to measure how well Prime Dividend manages its routine affairs as well as how well it operates its assets and liabilities.
Prime Dividend Corp has accumulated 8.54 M in total debt with debt to equity ratio (D/E) of 2.35, implying the company greatly relies on financing operations through barrowing. Prime Dividend Corp has a current ratio of 1.39, which is within standard range for the sector. Debt can assist Prime Dividend until it has trouble settling it off, either with new capital or with free cash flow. So, Prime Dividend's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Prime Dividend Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Prime to invest in growth at high rates of return. When we think about Prime Dividend's use of debt, we should always consider it together with cash and equity.

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Prime Dividend Corp. is an open ended equity mutual fund launched by Quadravest Inc. Prime Dividend Corp. was formed on November 16, 2005 and is domiciled in Canada. PRIME DIVIDEND operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange. Prime Dividend Corp (PDV) is traded on Toronto Exchange in Canada and employs 6 people. Prime Dividend is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

Prime Dividend Corp Leadership Team

Elected by the shareholders, the Prime Dividend's board of directors comprises two types of representatives: Prime Dividend inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Prime. The board's role is to monitor Prime Dividend's management team and ensure that shareholders' interests are well served. Prime Dividend's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Prime Dividend's outside directors are responsible for providing unbiased perspectives on the board's policies.
Laura Johnson, Secretary and Director
Michael Sharp, Director
Peter Cruickshank, Chief Financial Officer, Director
John Steep, Independent Director
William Thornhill, Independent Director
S Finch, Chairman of the Board, President, Chief Executive Officer

Prime Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Prime Dividend a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Prime Dividend

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Prime Dividend position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Prime Dividend will appreciate offsetting losses from the drop in the long position's value.

Moving together with Prime Stock

  0.69BIP-PB Brookfield InfrastructurePairCorr

Moving against Prime Stock

  0.92VCM Vecima NetworksPairCorr
  0.53MOX Morien Resources CorpPairCorr
The ability to find closely correlated positions to Prime Dividend could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prime Dividend when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Prime Dividend - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Prime Dividend Corp to buy it.
The correlation of Prime Dividend is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Prime Dividend moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prime Dividend Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Prime Dividend can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Prime Stock

Prime Dividend financial ratios help investors to determine whether Prime Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Prime with respect to the benefits of owning Prime Dividend security.