Priority Income Fund Announces 12.0% Annualized Total Cash Distribution Rate (on Class R Offering Price) with “Bonus” and “Base” Common Shareholder Distributions for December 2024 through February 2025 and Declaration of Preferred Stock Distributions forNEW YORK, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that the Fund’s Board of Directors has declared monthly cash “base” and “bonus” common shareholder distributions for December 2024, January 2025 and February 2025.
Priority Income Fund Announces Redemption of its 6.250% Series G Term Preferred Stock Due 2026NEW YORK, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that it will redeem all outstanding shares of its 6.250% Series G Term Preferred Stock Due 2026 (CUSIP: 74274W 814; NYSE: PRIF PRG) (the “Series G Preferred Shares”) at a price of $25 per Series G Preferred Share, plus accrued but unpaid dividends per Series G Preferred Share from September 30, 2024, to but excluding, the Redemption Date (the “Redemption Price”). The redemption date will be December 23, 2024 (the “Redemption Date”).
Priority Income Fund Announces 11.7% Annualized Total Cash Distribution Rate (on Class R Offering Price) with “Bonus” and “Base” Common Shareholder Distributions for September through November 2024 and Declaration of Preferred Stock Distributions forNEW YORK, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that the Fund’s Board of Directors has declared monthly cash “base” and “bonus” common shareholder distributions for September 2024, October 2024 and November 2024.
Priority Income Fund Announces 11.6% Annualized Total Cash Distribution Rate (on Class R Offering Price) with New “Bonus” and “Base” Common Shareholder Distributions for June through August 2024NEW YORK, June 07, 2024 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that the Fund’s Board of Directors has declared monthly cash “base” and “bonus” common shareholder distributions for June 2024, July 2024 and August 2024.
Priority Income Fund Announces Declaration of Preferred Stock Distributions for June 2024NEW YORK, June 06, 2024 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today the declaration of distributions on shares of the Fund’s 7.00% Series D Term Preferred Stock due 2029 (“Series D”), 6.625% Series F Term Preferred Stock due 2027 (“Series F”), 6.250% Series G Term Preferred Stock due 2026 (“Series G”), 6.000% Series H Term Preferred Stock due 2026 (“Series H”), 6.125% Series I Term Preferred Stock due 2028 (“Series I”), 6.000% Series J Term Preferred Stock due 2028 (“Series J”), 7.000% Series K Cumulative Preferred Stock (“Series K”), and 6.375% Series L Term Preferred Stock due 2029 (“Series L”).
Priority Income Fund Reaches 10 Year Anniversary and Announces 11.3% Annualized Total Cash Distribution Rate (on Class R Offering Price) with New “Bonus” and “Base” Common Shareholder Distributions for March through May 2024NEW YORK, March 04, 2024 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”), which has now reached its 10th year anniversary as an important milestone, announced today that the Fund’s Board of Directors has declared monthly cash “base” and “bonus” common shareholder distributions for March 2024, April 2024 and May 2024.
Priority Income Fund Announces an 11.6% Annualized Cash Distribution Rate (on Class R Offering Price) Through “Bonus” and “Base” Common Shareholder Distributions for December 2023 through February 2024NEW YORK, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. ("Priority Income Fund" or the "Fund") announced today that the Fund’s Board of Directors has declared a steady monthly cash “base” and a quarterly “bonus” common shareholder distribution for December. The Fund also announced a change from quarterly “bonus” distributions to monthly cash “bonus” common shareholder distributions beginning in January 2024.
Priority Income Fund Announces 11.3% Annualized Cash Distribution Rate (on Class R Offering Price) Through Board Declarations of a 13.6% Increase in Quarterly Cash “Bonus” Common Shareholder Distribution in Addition to Steady Monthly Cash “Base” CommonNEW YORK, Aug. 28, 2023 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. ("Priority Income Fund" or the "Fund") announced today that the Fund’s Board of Directors has declared additional steady monthly cash “base” common shareholder distributions, as well as a 13.6% increase in quarterly cash “bonus” common shareholder distributions.
Priority Income Fund Announces 10.7% Annualized Cash Distribution Rate (on Class R Offering Price) Through Board Declarations of Increased Quarterly Cash “Bonus” Common Shareholder Distribution in Addition to Steady Monthly Cash “Base” Common ShareholderNEW YORK, June 01, 2023 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. ("Priority Income Fund" or the "Fund") announced today that the Fund’s board of directors has declared additional steady monthly cash “base” common shareholder distributions as well as an increased quarterly cash “bonus” common shareholder distribution.
Priority Income Fund Announces 10.9% Annualized Cash Distribution Rate (on Class R Offering Price) Through Board Declarations of Increased Quarterly Cash “Bonus” Common Shareholder Distribution in Addition to Steady Monthly Cash “Base” Common ShareholderNEW YORK, March 02, 2023 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. ("Priority Income Fund" or the "Fund") announced today that the Fund’s board of directors has declared additional steady monthly cash “base” common shareholder distributions as well as an increased quarterly cash “bonus” common shareholder distribution.
Priority Income Fund Raises Over $1 Billion in Cumulative Capital Since Inception, Including Record Common Equity Fundraise of $148 Million in 2022NEW YORK, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. ("Priority Income Fund" or the "Fund") announced today that the Fund, through its dealer manager Preferred Capital Securities, has raised over $250 million in the current common equity offering which includes $148 million of common equity in 2022, representing the highest annual total in the Fund’s history. Since inception, the Fund has raised $1.1 billion in cumulative capital (including commitments under the Fund’s credit facility).
Priority Income Fund Announces 11.1% Annualized Cash Distribution Rate (on Class R Offering Price) Through Board Declarations of Increased Quarterly Cash “Bonus” Common Shareholder Distribution in Addition to Steady Monthly Cash “Base” Common ShareholderNEW YORK, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. ("Priority Income Fund" or the "Fund") announced today that the Fund’s board of directors has declared additional steady monthly cash “base” common shareholder distributions as well as an increased quarterly cash “bonus” common shareholder distribution.
Priority Income Fund is Now Available on the Schwab Alternative Investment OneSource® Platform for Registered Investment AdvisersNEW YORK, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. ("Priority Income Fund" or the "Fund") announced today that the Fund is now available to registered investment advisers on the Schwab Alternative Investment OneSource® platform.
Priority Income Fund and Prospect Capital Management Announce Strategic Platform Relationship with +SUBSCRIBE®NEW YORK, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) and Prospect Capital Management, L.P. (“Prospect Capital”) today announced a strategic platform relationship with +SUBSCRIBE®, a leading order management and electronic subscription document platform for the alternative investments industry.
Priority Income Fund Achieves Record Common Equity Fundraise of $52.4 Million in September QuarterNEW YORK, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. ("Priority Income Fund" or the "Fund") announced today that the Fund, through its dealer manager Preferred Capital Securities, raised $52.4 million of common equity during the September 2022 quarter, representing the highest quarterly total in the Fund’s history. Since inception, the Fund has raised $1.0 billion in cumulative capital (including commitments under the Fund’s credit facility).
