Advertisement
Canada markets open in 3 hours 49 minutes

  • S&P/TSX

    21,714.54
    -297.08 (-1.35%)
     

  • S&P 500

    5,035.69
    -80.48 (-1.57%)
     

  • DOW

    37,815.92
    -570.17 (-1.49%)
     

  • CAD/USD

    0.7260
    -0.0001 (-0.02%)
     

  • CRUDE OIL

    80.51
    -1.42 (-1.73%)
     

  • Bitcoin CAD

    78,820.75
    -6,194.88 (-7.29%)
     

  • CMC Crypto 200

    1,234.27
    -104.79 (-7.83%)
     

  • GOLD FUTURES

    2,298.70
    -4.20 (-0.18%)
     

  • RUSSELL 2000

    1,973.91
    -42.12 (-2.09%)
     

  • 10-Yr Bond

    4.6860
    +0.0720 (+1.56%)
     

  • NASDAQ futures

    17,425.75
    -145.50 (-0.83%)
     

  • VOLATILITY

    16.00
    +0.35 (+2.24%)
     

  • FTSE

    8,155.37
    +11.24 (+0.14%)
     

  • NIKKEI 225

    38,274.05
    -131.61 (-0.34%)
     

  • CAD/EUR

    0.6800
    -0.0002 (-0.03%)
     

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

Canadian Life Companies Split Corp.
·1 min read
Canadian Life Companies Split Corp.
Canadian Life Companies Split Corp.

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 a combined total of $19.34 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:

March 28, 2024

Payable Date:

April 10, 2024

 

 

Investor Relations: 1-877-478-2372
Local: 416-304-4443 
www.lifesplit.com 
info@quadravest.com