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

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

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

TORONTO, ONTARIO--(Marketwired - Nov 20, 2017) - Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.05208 for each Preferred share ($0.625 annualized). Distributions are payable December 8, 2017 to shareholders on record as at November 30, 2017.

Since inception Class A shareholders have received a total of $6.95 per share and Preferred shareholders have received a total of $7.17 per share inclusive of this distribution, for a combined total of $14.12 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) $0.05208
Ex-Dividend Date: November 29, 2017
Record Date: November 30, 2017
Payable Date: December 8, 2017

Canadian Life Companies Split Corp.

Investor Relations: 1-877-478-2372

Local: 416-304-4443

info@quadravest.com

www.lifesplit.com

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: EarningsNewsPress Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!