LFE_pb Canadian Life Companies Split Corp Pfd.

Canadian Life Companies Split Corp. Declares Class A & Preferred Share Dividend

Canadian Life Companies Split Corp. Declares Class A & Preferred Share Dividend

TORONTO, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (the "Company") declares its monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.06667 for each Preferred share ($0.800 annualized). Distributions are payable March 8, 2024 to shareholders on record as at February 29, 2024. 

Since inception Class A shareholders have received a total of $7.75 per share and Preferred shareholders have received a total of $11.42 per share inclusive of this distribution, for a combined total of $19.17 per unit. 

The Company invests in a portfolio of four publicly traded Canadian life insurance companies as follows: Great-West Lifeco Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife Financial Corporation and Sun Life Financial Inc. 

Distribution Details 
  
Class A Share (LFE) $0.10000
  
Preferred Share (LFE.PR.B)$0.06667
  
Record Date:February 29, 2024
  
Payable Date:March 8, 2024 
  



Investor Relations: 1-877-478-2372

Local: 416-304-4443





EN
16/02/2024

Underlying

Reports on Canadian Life Companies Split Corp Pfd.

 PRESS RELEASE

Canadian Life Companies Split Corp. Declares Class A & Preferred Share...

Canadian Life Companies Split Corp. Declares Class A & Preferred Share Dividend TORONTO, May 16, 2024 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (the "Company") declares its monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.06667 for each Preferred share ($0.800 annualized). Distributions are payable June 10, 2024 to shareholders on record as at May 31, 2024. Since inception Class A shareholders have received a total of $7.95 per share and Preferred shareholders have received a total of $11.62 per share inclusive of this distribution, for ...

 PRESS RELEASE

Canadian Life Companies Split Corp. At-The-Market Equity Program Renew...

Canadian Life Companies Split Corp. At-The-Market Equity Program Renewed TORONTO, May 06, 2024 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (“the Company”) announces it has renewed its at-the-market equity program (“ATM Program”) that allows the Company to issue shares of the Company to the public from time to time at the Company’s discretion, effective until June 1, 2026, unless terminated prior to such date by the Company. This ATM Program replaces the prior program established in March 2022 that has terminated. Any Class A Shares or Preferred Shares sold in the ATM Program w...

 PRESS RELEASE

Canadian Life Companies Split Corp. Preferred Dividend Declared

Canadian Life Companies Split Corp. Preferred Dividend Declared TORONTO, April 23, 2024 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (the "Company") declares its monthly distribution of $0.06667 for each Preferred share ($0.800 annually). Distributions are payable May 10, 2024 to shareholders on record as at April 30, 2024. There will not be a distribution paid to the Class A Shares for April 30, 2024 as per the Prospectus which states no regular monthly dividends will be paid on the Class A shares in any month as long as the net asset value per unit is equal to or less than...

 PRESS RELEASE

Canadian Life Companies Split Corp. Declares Class A & Preferred Share...

Canadian Life Companies Split Corp. Declares Class A & Preferred Share Dividend TORONTO, March 18, 2024 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (the "Company") declares its monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.06667 for each Preferred share ($0.800 annualized). Distributions are payable April 10, 2024 to shareholders on record as at March 28, 2024. Since inception Class A shareholders have received a total of $7.85 per share and Preferred shareholders have received a total of $11.49 per share inclusive of this distribution, for...

 PRESS RELEASE

Canadian Life Companies Split Corp. Extends Termination Date

Canadian Life Companies Split Corp. Extends Termination Date TORONTO, March 12, 2024 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (the “Company”) is pleased to announce it will extend the termination date of the Company a further six year period from December 1, 2024 to December 1, 2030. The term extension allows holders of LFE Class A Shares (“Class A Shares”) to receive ongoing leveraged exposure to a portfolio consisting of high-quality Canadian life insurance companies as well as receiving targeted monthly distributions. Since inception of the Company, Class A Shares have ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch