Canadian Life Companies Split Corp.: Preferred Dividend Declared
TORONTO, June 18, 2020 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.05417 for each Preferred share ($0.650 annually).
- TORONTO, June 18, 2020 (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 July 10, 2020 to shareholders on record as at June 30, 2020.
- The investment portfolio of the Company has been subject to these market fluctuations and the net assets of the Company have been materially negatively impacted.
- 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.