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

Loading...
Loading...
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 - Feb 16, 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 March 10, 2017 to shareholders on record as at February 28, 2017.

Since inception Class A shareholders have received a total of $6.35 per share and Preferred shareholders have received a total of $6.70 per share inclusive of this distribution, for a combined total of $13.05 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: February 24, 2017
Record Date: February 28, 2017
Payable Date: March 10, 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
Posted In: Press 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!

Loading...