Canadian Life Companies Split Corp. Preferred Dividend Declared
Retrieved on:
Wednesday, August 18, 2021
TORONTO, Aug. 18, 2021 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.05417 for each Preferred share ($0.650 annually).
Key Points:
- TORONTO, Aug. 18, 2021 (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 September 10, 2021 to shareholders on record as at August 31, 2021.
- Since inception Class A shareholders have received a total of $7.45 per share and Preferred shareholders have received a total of $9.58 per share inclusive of this distribution, for a combined total of $17.03 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.