TORONTO, ONTARIO--(Marketwire - Jan. 26, 2011) - Premium Income Corporation (TSX:PIC.A)(TSX:PIC.PR.A) today announces results for the year ended October 31, 2010. Net realized income before Preferred share transactions amounted to $19.7 million or $1.37 per Unit. Each Unit consists of one Class A share and one Preferred Share. Distributions to shareholders amounted to $0.86 per Preferred share, and $0.60 per Class A share.