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LFE.PR.B Canadian Life Companies Split Corp

10.23
0.02 (0.20%)
27 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Canadian Life Companies Split Corp TSX:LFE.PR.B Toronto Preference Share
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.02 0.20% 10.23 10.21 10.22 10.23 10.20 10.20 1,558 20:21:32

Canadian Life Companies Split Corp.:Monthly Dividend Declaration for Preferred Shares

18/09/2013 2:00pm

Marketwired Canada


Canadian Life Companies Split Corp. ("CLC Split") declares its monthly
distribution of $0.05208 for each Preferred share ($0.625 annually).
Distributions are payable October 10, 2013 to shareholders on record as of
September 30, 2013. There will not be a distribution paid to the Class A shares
for September 30, 2013 as per the Prospectus which states no monthly dividends
or other distributions 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 $15.00.


Since inception Class A shareholders have received a total of $5.70 per share
and Preferred shareholders have received a total of $4.56 per share inclusive of
this distribution, for a combined total of $10.26.


CLC Split invests in a portfolio of four publicly traded Canadian life insurance
companies as follows: Great- West Life, Industrial Alliance, Manulife Financial
and Sun Life Financial. Shares held within the portfolio are expected to range
between 10-30% in weight but may vary at any time.




Distribution Details:                                                       
                                                                            
Preferred Share (LFE.PR.B)            $0.05208                              
                                                                            
Ex-Dividend Date:                     September 26, 2013                    
                                                                            
Record Date:                          September 30, 2013                    
                                                                            
Payable Date:                         October 10, 2013                      



FOR FURTHER INFORMATION PLEASE CONTACT: 
Investor Relations
416-304-4443 or toll free at 1-877-4-Quadra (1-877-478-2372)
www.lifesplit.com

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