TORONTO, Dec. 20, 2017 (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 $0.05208 for each Preferred share ($0.625 annualized). Distributions are payable January 10, 2018 to shareholders on record as at December 29, 2017.
Since inception Class A shareholders have received a total of $7.05 per share and Preferred shareholders have received a total of $7.22 per share inclusive of this distribution, for a combined total of $14.27 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: | December 28, 2017 | ||
| Record Date: | December 29, 2017 | ||
| Payable Date: | January 10, 2018 | ||
Investor Relations: 1-877-478-2372
Local: 416-304-4443
www.lifesplit.com
info@quadravest.com
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