Summary："Priority Income Fund Declares Record 10.8% Annualized Dividend Payout for Summer 2026"NEW YORK, Jun

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"Priority Income Fund Declares Record 10.8% Annualized Dividend Payout for Summer 2026"

NEW YORK, June 26, 2026 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”), a leading non-traded business development company (BDC) focused on investing in senior secured debt and other income-generating investments, announced today that the Fund’s Board of Directors has declared monthly cash common shareholder distributions for June 2026, July 2026, and August 2026. The declarations translate to a record 10.8% annualized dividend payout for the summer period, marking a significant milestone for the Fund.

The declared distributions of $0.09 per share for June, July, and August, respectively, underscore the Fund's commitment to delivering consistent and attractive returns to its shareholders. This latest announcement brings the total distributions declared by the Fund in 2026 to $0.27 per share, reflecting a steady income stream for investors. The Fund's ability to maintain a high annualized dividend payout is a testament to its robust investment strategy and effective portfolio management.

The BDC industry has faced a challenging landscape in recent years, with fluctuating interest rates and economic uncertainty affecting investment returns. However, Priority Income Fund's focus on senior secured debt has enabled it to navigate these challenges and deliver strong results. The Fund's investment approach, which prioritizes high-quality, income-generating assets, has proven resilient in the face of market volatility.

As the economic outlook for the second half of 2026 remains uncertain, Priority Income Fund is well-positioned to continue delivering attractive returns to its shareholders. The Fund's diversified portfolio and disciplined investment strategy are expected to drive long-term success. With its record 10.8% annualized dividend payout, the Fund is poised to remain a compelling option for income-seeking investors.

In conclusion, Priority Income Fund's declaration of a record 10.8% annualized dividend payout for summer 2026 is a significant achievement, reflecting the Fund's strong investment performance and commitment to delivering value to its shareholders. As the BDC industry continues to evolve, Priority Income Fund is well-positioned to capitalize on emerging opportunities and drive long-term growth.