Manulife

M Split Corp. Monthly Dividend Declared for Class I Preferred Shares

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목요일, 5월 16, 2024

TORONTO, May 16, 2024 (GLOBE NEWSWIRE) -- M Split Corp. ("M Split") declares its monthly distribution of $0.03125 per share ($0.375 annually) for Class I Preferred shareholders.

Key Points: 
  • TORONTO, May 16, 2024 (GLOBE NEWSWIRE) -- M Split Corp. ("M Split") declares its monthly distribution of $0.03125 per share ($0.375 annually) for Class I Preferred shareholders.
  • The Class I Preferred share dividends are paid at an annual rate of 7.50% based on the $5 notional issue price.
  • Distributions are payable June 10, 2024 to shareholders on record as at May 31, 2024.
  • M Split invests in common shares of Manulife Financial Corporation, the largest life insurer in Canada offering financial products and wealth management services.

North American Financial 15 Split Corp. Monthly Dividend Declaration for Class A & Preferred Share

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목요일, 5월 16, 2024

TORONTO, May 16, 2024 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.11335 for each Class A share ($1.3602 annualized) and $0.07917 for each Preferred share ($0.950 annually).

Key Points: 
  • TORONTO, May 16, 2024 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.11335 for each Class A share ($1.3602 annualized) and $0.07917 for each Preferred share ($0.950 annually).
  • Distributions are payable June 10, 2024 to shareholders on record as at May 31, 2024.
  • Since inception Class A shareholders have received a total of $16.50 per share and Preferred shareholders have received a total of $11.14 per share inclusive of this distribution, for a combined total of $27.64.
  • The Company invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.

Canadian Life Companies Split Corp. Declares Class A & Preferred Share Dividend

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목요일, 5월 16, 2024

TORONTO, May 16, 2024 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (the "Company") declares its monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.06667 for each Preferred share ($0.800 annualized).

Key Points: 
  • TORONTO, May 16, 2024 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (the "Company") declares its monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.06667 for each Preferred share ($0.800 annualized).
  • Distributions are payable June 10, 2024 to shareholders on record as at May 31, 2024.
  • Since inception Class A shareholders have received a total of $7.95 per share and Preferred shareholders have received a total of $11.62 per share inclusive of this distribution, for a combined total of $19.57 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.

FINANCIAL 15 SPLIT CORP. Monthly Dividend Declaration for Class A & Preferred Share

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목요일, 5월 16, 2024

TORONTO, May 16, 2024 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annualized) and $0.07708 for each Preferred share ($0.925 annually).

Key Points: 
  • TORONTO, May 16, 2024 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annualized) and $0.07708 for each Preferred share ($0.925 annually).
  • Distributions are payable June 10, 2024 to shareholders on record as at May 31, 2024.
  • Since inception Class A shareholders have received a total of $25.68 per share and Preferred shareholders have received a total of $11.59 per share inclusive of this distribution, for a combined total of $37.27.
  • Financial 15 invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.

Lincoln Financial Group Appoints Brian Kroll as EVP, Head of Retail Life and Annuity Solutions

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수요일, 5월 15, 2024

Lincoln Financial Group (NYSE: LNC) today announced that Brian Kroll will be appointed Executive Vice President, Head of Retail Life and Annuity Solutions, effective May 16, 2024.

Key Points: 
  • Lincoln Financial Group (NYSE: LNC) today announced that Brian Kroll will be appointed Executive Vice President, Head of Retail Life and Annuity Solutions, effective May 16, 2024.
  • He will be responsible for all aspects of the company’s Life Insurance and Annuity businesses, including product manufacturing, underwriting, new business, inforce operations and strategic planning.
  • View the full release here: https://www.businesswire.com/news/home/20240515629295/en/
    Brian Kroll, EVP, Head of Retail Life and Annuity Solutions, Lincoln Financial Group (Photo: Business Wire)
    “In our at-scale Life and Annuity businesses, we continue to focus on increasing profitable growth as we realign our product mix to achieve more stable cash flows and higher risk-adjusted returns,” said Cooper.
  • “I’m excited to return to this great organization to drive execution of the strategic realignment of Lincoln’s Life and Annuity businesses,” said Kroll.

Manulife Investment Management Launches Two New Liquid Alternative Fixed-Income Solutions

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화요일, 5월 14, 2024

TORONTO, May 14, 2024 /CNW/ - Manulife Investment Management (Manulife IM) announced today that it has launched two new liquid alternative funds: Manulife Alternative Opportunities Fund and Manulife Strategic Income Plus Fund .

Key Points: 
  • TORONTO, May 14, 2024 /CNW/ - Manulife Investment Management (Manulife IM) announced today that it has launched two new liquid alternative funds: Manulife Alternative Opportunities Fund and Manulife Strategic Income Plus Fund .
  • Manulife Funds are managed by Manulife Investment Management Limited.
  • Manulife Investment Management is a trade name of Manulife Investment Management Limited.
  • Manulife, Manulife Investment Management, Stylized M Design, and Manulife Investment Management & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and are used by it, and by its affiliates under license.

Canadian Life Companies Split Corp. At-The-Market Equity Program Renewed

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월요일, 5월 6, 2024

TORONTO, May 06, 2024 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (“the Company”) announces it has renewed its at-the-market equity program (“ATM Program”) that allows the Company to issue shares of the Company to the public from time to time at the Company’s discretion, effective until June 1, 2026, unless terminated prior to such date by the Company.

Key Points: 
  • TORONTO, May 06, 2024 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (“the Company”) announces it has renewed its at-the-market equity program (“ATM Program”) that allows the Company to issue shares of the Company to the public from time to time at the Company’s discretion, effective until June 1, 2026, unless terminated prior to such date by the Company.
  • This ATM Program replaces the prior program established in March 2022 that has terminated.
  • Sales of Class A Shares and Preferred Shares through the ATM Program will be made pursuant to the terms of an equity distribution agreement dated May 3, 2024 with National Bank Financial Inc. (the “Agent”).
  • The volume and timing of distributions under the ATM Program, if any, will be determined at the Company’s sole discretion.

Front Street Re Appoints Edison Fong as Chief Executive Officer

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수요일, 5월 8, 2024

GEORGETOWN, Cayman Islands, May 8, 2024 /PRNewswire/ -- Front Street Re ("FSR" or the "Company"), an international Insurtech and reinsurance company that focuses on annuity, life, health, and general reinsurance solutions and is an operating subsidiary of Lexasure Financial Group Limited ("Lexasure"), today announced the appointment of Edison Fong as Chief Executive Officer following a thorough search process.

Key Points: 
  • GEORGETOWN, Cayman Islands, May 8, 2024 /PRNewswire/ -- Front Street Re ("FSR" or the "Company"), an international Insurtech and reinsurance company that focuses on annuity, life, health, and general reinsurance solutions and is an operating subsidiary of Lexasure Financial Group Limited ("Lexasure"), today announced the appointment of Edison Fong as Chief Executive Officer following a thorough search process.
  • Mr. Ian Lim, Chief Executive Officer of Lexasure Financial Group and President of Front Street Re, stated, "Please join me in congratulating Edison as he assumes the CEO role at Front Street Re.
  • Lexasure is committed to the continued growth of Front Street Re, and I could not be more pleased to be announcing Edison's appointment today."
  • "I am incredibly excited to be joining the Lexasure family and expanding our North American footprint with Front Street Re," said Edison Fong, Chief Executive Officer of Front Street Re.

Brompton Lifeco Split Corp. Establishes At-The-Market Equity Program

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목요일, 5월 2, 2024

(TSX: LCS, LCS.PR.A) Brompton Lifeco Split Corp. (the “Fund”) is pleased to announce it has established an at-the-market equity program (“ATM Program”) that allows the Fund to issue class A shares and preferred shares (the “Class A Shares” and “Preferred Shares”, respectively) to the public from time to time, at the Fund’s discretion.

Key Points: 
  • (TSX: LCS, LCS.PR.A) Brompton Lifeco Split Corp. (the “Fund”) is pleased to announce it has established an at-the-market equity program (“ATM Program”) that allows the Fund to issue class A shares and preferred shares (the “Class A Shares” and “Preferred Shares”, respectively) to the public from time to time, at the Fund’s discretion.
  • Sales of Class A Shares and Preferred Shares through the ATM Program will be made pursuant to the terms of an equity distribution agreement dated April 30, 2024 (the “Equity Distribution Agreement”) with RBC Capital Markets (the “Agent”).
  • The maximum gross proceeds for distributions under the ATM Program will be $75,000,000 for each of the Class A Shares and Preferred Shares.
  • The volume and timing of distributions under the ATM Program, if any, will be determined at the Fund’s sole discretion.

North American Financial 15 Split Corp. Monthly Dividend Declaration for Class A & Preferred Share

Retrieved on: 
화요일, 4월 23, 2024

TORONTO, April 23, 2024 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (TSX: FFN FFN.PR.A) (The "Company") declares its regular monthly distribution of $0.11335 for each Class A share ($1.3602 annualized) and $0.07917 for each Preferred share ($0.950 annually).

Key Points: 
  • TORONTO, April 23, 2024 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (TSX: FFN FFN.PR.A) (The "Company") declares its regular monthly distribution of $0.11335 for each Class A share ($1.3602 annualized) and $0.07917 for each Preferred share ($0.950 annually).
  • Distributions are payable May 10, 2024 to shareholders on record as at April 30, 2024.
  • Since inception Class A shareholders have received a total of $16.38 per share and Preferred shareholders have received a total of $11.06 per share inclusive of this distribution, for a combined total of $27.45.
  • The Company invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.