Canadian Life Companies Split Corp. Declares Class A & Preferred Share Dividend
Date
10/18/2024 6:09:43 AM
(MENAFN- GlobeNewsWire - Nasdaq) TORONTO, Oct. 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 November 8, 2024 to shareholders on record as at October 31, 2024. Since inception Class A shareholders have received a total of $8.35 per share and Preferred shareholders have received a total of $11.96 per share inclusive of this distribution, for a combined total of $20.31 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: | October 31, 2024 |
| Payable Date: | November 8, 2024 |
| | |
| Investor Relations: 1-877-478-2372 | Local: 416-304-4443 | | ... |
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