Canadian Life Companies Split Corp. Declares Class A & Preferred Share Dividend
TORONTO, Jan. 20, 2020 (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 $0.05417 for each Preferred share ($0.650 annualized).
TORONTO, Jan. 20, 2020 (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 $0.05417 for each Preferred share ($0.650 annualized). Distributions are payable February 10, 2020 to shareholders on record as at January 31, 2020.
Since inception Class A shareholders have received a total of $7.35 per share and Preferred shareholders have received a total of $8.55 per share inclusive of this distribution, for a combined total of $15.90 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.
| Distribution Details | |
| Class A Share (LFE) | $0.10000 |
| Preferred Share (LFE.PR.B) | $0.05417 |
| Ex-Dividend Date: | January 30, 2020 |
| Record Date: | January 31, 2020 |
| Payable Date: | February 10, 2020 |
Investor Relations: 1-877-478-2372
Local: 416-304-4443
www.lifesplit.com
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