Canadian Life Companies Split Corp. Preferred Dividend Declared
November 20 2023 - 3:00PM
Canadian Life Companies Split Corp. (The "Company") declares its
monthly distribution of $0.06667 for each Preferred share ($0.800
annually). Distributions are payable December 8, 2023 to
shareholders on record as at November 30, 2023.
There will not be a distribution paid to the
Class A Shares for November 30, 2023 as per the Prospectus which
states no regular monthly dividends 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 $7.65 per share and Preferred shareholders have
received a total of $11.22 per share inclusive of this
distribution, for a combined total of $18.87 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 |
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Preferred Share (LFE.PR.B) |
$0.06667 |
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Record Date: |
November 30, 2023 |
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Payable Date: |
December 8, 2023 |
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Investor Relations: 1-877-478-2372Local:
416-304-4443www.lifesplit.cominfo@quadravest.com
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