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Canadian Life Companies Split Corp (2)
Symbol C : LFE
Shares Issued 14,118,994
Close 2019-09-17 C$ 3.41
Recent Sedar Documents

Canadian Life to pay 5.41-cent distribution Oct. 10

2019-09-18 09:37 ET - News Release

An anonymous director reports

CANADIAN LIFE COMPANIES SPLIT CORP.: PREFERRED DIVIDEND DECLARED

Canadian Life Companies Split Corp. has declared its monthly distribution of 5.417 cents for each preferred share (65 cents annually). Distributions are payable Oct. 10, 2019, to shareholders on record as at Sept. 30, 2019.

Since inception Class A shareholders have received a total of $7.15 per share and preferred shareholders have received a total of $8.33 per share, inclusive of this distribution, for a combined total of $15.48 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:  Sept. 27, 2019

Record date:  Sept. 30, 2019

Payable date:  Oct. 10, 2019

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