Manulife

Dividend 15 Split Corp. At-The-Market Equity Program Renewed

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星期一, 四月 1, 2024
Bank, Telus Corporation, TransAlta, Scotiabank, Manulife, National Bank of Canada, Agent, Sale, News, Toronto Stock Exchange, Toronto-Dominion Bank, Bank of Montreal, TC Energy, National instrument, Prospectus, Commerce, TSX, BCE Inc., Royal Bank of Canada, Thomson Reuters, Sun Life Financial, National bank, Security (finance)

TORONTO, April 01, 2024 (GLOBE NEWSWIRE) -- Dividend 15 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 September 9, 2024, unless terminated prior to such date by the Company.

Key Points: 
  • TORONTO, April 01, 2024 (GLOBE NEWSWIRE) -- Dividend 15 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 September 9, 2024, unless terminated prior to such date by the Company.
  • This ATM Program replaces the prior program established in August 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 March 28, 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.

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

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星期一, 三月 18, 2024
Manulife

TORONTO, March 18, 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, March 18, 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 April 10, 2024 to shareholders on record as at March 28, 2024.
  • M Split invests in common shares of Manulife Financial Corporation, the largest life insurer in Canada offering financial products and wealth management services.

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

Retrieved on: 
星期一, 三月 18, 2024
Sun Life Financial, Manulife, IA Financial Group

TORONTO, March 18, 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, March 18, 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 April 10, 2024 to shareholders on record as at March 28, 2024.
  • Since inception Class A shareholders have received a total of $7.85 per share and Preferred shareholders have received a total of $11.49 per share inclusive of this distribution, for a combined total of $19.34 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.

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

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星期一, 三月 18, 2024
Bank of America, Bank, Citigroup, Scotiabank, JPMorgan Chase, National Bank of Canada, Bank of Montreal, Commerce, Manulife, Goldman Sachs, Sun Life Financial, Wells Fargo, Royal Bank of Canada, Great-West Lifeco, National bank, Toronto-Dominion Bank, Security (finance)

TORONTO, March 18, 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, March 18, 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 April 10, 2024 to shareholders on record as at March 28, 2024.
  • Since inception Class A shareholders have received a total of $16.27 per share and Preferred shareholders have received a total of $10.98 per share inclusive of this distribution, for a combined total of $27.25.
  • 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.

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

Retrieved on: 
星期一, 三月 18, 2024
Bank of America, Bank, Citigroup, Scotiabank, JPMorgan Chase, National Bank of Canada, Bank of Montreal, Commerce, Manulife, Goldman Sachs, Sun Life Financial, Wells Fargo, Royal Bank of Canada, Great-West Lifeco, National bank, Toronto-Dominion Bank, Security (finance)

TORONTO, March 18, 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, March 18, 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 April 10, 2024 to shareholders on record as at March 28, 2024.
  • Since inception Class A shareholders have received a total of $25.43 per share and Preferred shareholders have received a total of $11.43 per share inclusive of this distribution, for a combined total of $36.86.
  • 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.

Canadian Life Companies Split Corp. Extends Termination Date

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星期二, 三月 12, 2024
Sun Life Financial, Prospectus, Manulife, LFE, IA Financial Group, Security (finance)

TORONTO, March 12, 2024 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (the “Company”) is pleased to announce it will extend the termination date of the Company a further six year period from December 1, 2024 to December 1, 2030.

Key Points: 
  • TORONTO, March 12, 2024 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (the “Company”) is pleased to announce it will extend the termination date of the Company a further six year period from December 1, 2024 to December 1, 2030.
  • The term extension allows holders of LFE Class A Shares (“Class A Shares”) to receive ongoing leveraged exposure to a portfolio consisting of high-quality Canadian life insurance companies as well as receiving targeted monthly distributions.
  • Holders of LFE.PR.B Preferred Shares (“Preferred Shares”) are expected to continue to benefit from cumulative preferential monthly distributions.
  • 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.

North American Financial 15 Split Corp. Extends Termination Date

Retrieved on: 
星期二, 三月 12, 2024
Bank of America, Bank, Citigroup, Scotiabank, JPMorgan Chase, National Bank of Canada, Bank of Montreal, Prospectus, Commerce, Manulife, Goldman Sachs, Wells Fargo, Sun Life Financial, Royal Bank of Canada, Great-West Lifeco, National bank, FFN, Toronto-Dominion Bank, Security (finance)

TORONTO, March 12, 2024 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (the “Company”) is pleased to announce it will extend the termination date of the Company a further five year period from December 1, 2024 to December 1, 2029.

Key Points: 
  • TORONTO, March 12, 2024 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (the “Company”) is pleased to announce it will extend the termination date of the Company a further five year period from December 1, 2024 to December 1, 2029.
  • Since inception of the Company Class A shareholders have received monthly distributions totaling $16.16 per share.
  • Holders of the FFN.PR.A Preferred Shares (“Preferred Shares”) are expected to continue to benefit from cumulative preferential monthly distributions.
  • The Preferred shareholders have received a total of $10.90 per share since inception.

M Split Corp. Extends Termination Date

Retrieved on: 
星期二, 三月 12, 2024
Manulife, Prospectus, NAV, Security (finance)

TORONTO, March 12, 2024 (GLOBE NEWSWIRE) -- M Split Corp. (the “Company”) is pleased to announce it will extend the termination date of the Company a further five year period from December 1, 2024 to December 1, 2029.

Key Points: 
  • TORONTO, March 12, 2024 (GLOBE NEWSWIRE) -- M Split Corp. (the “Company”) is pleased to announce it will extend the termination date of the Company a further five year period from December 1, 2024 to December 1, 2029.
  • Holders of the XMF.PR.B Class I Preferred Shares (“Class I Preferred Shares”) are expected to continue to benefit from cumulative preferential monthly distributions.
  • Holders of the XMF.PR.C Class II Preferred Shares (“Class II Preferred Shares”) are expected to receive cumulative preferential monthly distributions when the NAV is greater than $10.00.
  • The Company invests in common shares of Manulife Financial Corporation, the largest life insurer in Canada offering financial products and wealth management services.

RGA Canada Announces Landmark CA$5.8 Billion Coinsurance Transaction With Manulife

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星期一, 三月 25, 2024
Finance, Health, Professional Services, Insurance, Health Insurance, Manulife, Partnership, RGA, Reinsurance Group of America

RGA Life Reinsurance Company of Canada (RGA Canada), a subsidiary of Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global life and health reinsurer, and The Manufacturers Life Insurance Company (Manulife), a subsidiary of Manulife Financial Corporation, a leading international financial services group, announced today the completion of the largest universal life reinsurance transaction in the Canadian market to date.

Key Points: 
  • RGA Life Reinsurance Company of Canada (RGA Canada), a subsidiary of Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global life and health reinsurer, and The Manufacturers Life Insurance Company (Manulife), a subsidiary of Manulife Financial Corporation, a leading international financial services group, announced today the completion of the largest universal life reinsurance transaction in the Canadian market to date.
  • The coinsurance transaction will reinsure approximately CA$5.8 billion (US$4.4 billion) of reserves, accompanied by an equivalent asset transfer.
  • This is the third large block reinsurance transaction between Manulife and RGA.
  • “Our relationship with Manulife has spanned many years, and our strong partnership has been a key factor in the success of this transaction,” said Dominic Hains, President and CEO, RGA Canada.

Brompton Lifeco Split Corp. Announces Preferred Share Distribution Rate

Retrieved on: 
星期三, 二月 28, 2024
DRIP, IA Financial Group, Sun Life Financial, Fund, Manulife, Security (finance)

Since inception on April 18, 2007 to January 31, 2024, Class A shareholders have received cash distributions of $8.36 per Class A Share.

Key Points: 
  • Since inception on April 18, 2007 to January 31, 2024, Class A shareholders have received cash distributions of $8.36 per Class A Share.
  • Class A shareholders have the option to benefit by reinvesting their cash distributions in a distribution reinvestment plan (“DRIP”) which is commission free to participants.
  • Class A shareholders can enroll in the DRIP program by contacting their investment advisor.
  • To exercise this retraction right, shareholders must provide notice to their investment dealer by March 28, 2024 at 5:00 p.m. (Toronto time).