An anonymous director reports
CANADIAN LIFE COMPANIES SPLIT CORP. PREFERRED DIVIDEND DECLARED
Canadian Life Companies Split Corp. has declared a monthly distribution of 5.417 cents for each preferred share (65 cents annually). The distribution is payable on May 10, 2019, to shareholders on record as at April 30, 2019.
Since inception, Class A shareholders have received a total of $7.15 per share and preferred shareholders have received a total of $8.06 per share, inclusive of this distribution, for a combined total of $15.21 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 Corp. and Sun Life Financial Inc.
Distribution details
Preferred share: 5.417 cents
Ex dividend date: April 29, 2019
Record date: April 30, 2019
Payable date: May 10, 2019
© 2024 Canjex Publishing Ltd. All rights reserved.