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.
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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