TORONTO, April 18, 2019 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.05417 for each Preferred share ($0.650 annually). Distributions are payable 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 Corporation and Sun Life Financial Inc.

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