Great-West Lifeco

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

Retrieved on: 
星期二, 一月 17, 2023

TORONTO, Jan. 17, 2023 (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 $0.06458 for each Preferred share ($0.775 annually).

Key Points: 
  • TORONTO, Jan. 17, 2023 (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 $0.06458 for each Preferred share ($0.775 annually).
  • Distributions are payable February 10, 2023 to shareholders on record as at January 31, 2023.
  • Since inception Class A shareholders have received a total of $15.93 per share and Preferred shareholders have received a total of $10.02 per share inclusive of this distribution, for a combined total of $25.95.
  • 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: 
星期二, 一月 17, 2023

TORONTO, Jan. 17, 2023 (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 $0.06250 for each Preferred share ($0.750 annually).

Key Points: 
  • TORONTO, Jan. 17, 2023 (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 $0.06250 for each Preferred share ($0.750 annually).
  • Distributions are payable February 10, 2023 to shareholders on record as at January 31, 2023.
  • Since inception Class A shareholders have received a total of $23.67 per share and Preferred shareholders have received a total of $10.50 per share inclusive of this distribution, for a combined total of $34.17.
  • 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.

Great-West Lifeco cautions investors regarding Obatan LLC's second mini-tender offer for shares in Ireland

Retrieved on: 
星期三, 一月 18, 2023

WINNIPEG, MB, Jan. 18, 2023 /PRNewswire/ -- Great-West Lifeco Inc. ("Lifeco") has been notified of an unsolicited mini-tender offer by Obatan LLC, made to residents of Ireland, to purchase up to 50,000 common shares of Lifeco. The unsolicited offer represents a discount of approximately 31.1% to the closing price of the common shares on the TSX on December 29, 2022, the last trading day before the offer was commenced. The common shares do not trade on a recognized stock exchange in Ireland.

Key Points: 
  • WINNIPEG, MB, Jan. 18, 2023 /PRNewswire/ -- Great-West Lifeco Inc. ("Lifeco") has been notified of an unsolicited mini-tender offer by Obatan LLC, made to residents of Ireland, to purchase up to 50,000 common shares of Lifeco.
  • Lifeco does not endorse Obatan's unsolicited offer, has no association with Obatan or its offer, and does not recommend acceptance of the offer.
  • Obatan's offer has been made at a price below the current market price for the shares.
  • Lifeco requests that a copy of this news release be included in any distribution of materials relating to Obatan's mini-tender offer for Lifeco common shares.

Great-West Lifeco names Dervla Tomlin Chief Risk Officer

Retrieved on: 
星期二, 一月 17, 2023

WINNIPEG, MB, Jan. 17, 2023 /CNW/ - Great-West Lifeco Inc. is pleased to announce the appointment of Dervla Tomlin, current Chief Actuary, as Chief Risk Officer, effective February 13, 2023.

Key Points: 
  • WINNIPEG, MB, Jan. 17, 2023 /CNW/ - Great-West Lifeco Inc. is pleased to announce the appointment of Dervla Tomlin, current Chief Actuary, as Chief Risk Officer, effective February 13, 2023.
  • She was appointed Chief Actuary, Lifeco in April 2015, having previously served as the Chief Risk Officer and Chief Actuary for Irish Life.
  • "We are excited to have Dervla take on the role of Chief Risk Officer, including leadership of our actuarial team.
  • Dervla succeeds Graham Bird, who is retiring in April this year having served as Chief Risk Officer since 2015.

North American Financial 15 Split Corp. Regular Monthly Dividend Declaration for Preferred Share

Retrieved on: 
星期二, 十二月 20, 2022

TORONTO, Dec. 20, 2022 (GLOBE NEWSWIRE) -- Marketwired: North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.06458 for each Preferred share ($0.775 annually).

Key Points: 
  • TORONTO, Dec. 20, 2022 (GLOBE NEWSWIRE) -- Marketwired: North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.06458 for each Preferred share ($0.775 annually).
  • Distributions are payable January 10, 2023 to shareholders on record as at December 30, 2022.
  • There will not be a distribution paid to the Class A Shares for December 30, 2022 as per the Prospectus which states no regular monthly dividends will be paid on the Class A shares in any month as long as the net asset value per unit is equal to or less than $15.00.
  • Since inception Class A shareholders have received a total of $15.82 per share and Preferred shareholders have received a total of $9.96 per share inclusive of this distribution, for a combined total of $25.77.

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

Retrieved on: 
星期二, 十二月 20, 2022

TORONTO, Dec. 20, 2022 (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 $0.06250 for each Preferred share ($0.750 annually).

Key Points: 
  • TORONTO, Dec. 20, 2022 (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 $0.06250 for each Preferred share ($0.750 annually).
  • Distributions are payable January 10, 2023 to shareholders on record as at December 30, 2022.
  • Since inception Class A shareholders have received a total of $23.55 per share and Preferred shareholders have received a total of $10.44 per share inclusive of this distribution, for a combined total of $33.98.
  • 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.

Joint Statement by Canadian Banks and Life Insurance Companies Regarding Annual Meetings in 2023

Retrieved on: 
星期四, 十二月 8, 2022

As a result, we have once again jointly obtained a court order that enables our 2023 annual meetings to be held, as electronic-only or as hybrid meetings, as determined by each financial institution.

Key Points: 
  • As a result, we have once again jointly obtained a court order that enables our 2023 annual meetings to be held, as electronic-only or as hybrid meetings, as determined by each financial institution.
  • The order was obtained because Canadian banks and insurance companies are not permitted to conduct an electronic annual meeting in lieu of an in-person meeting without relief from the court.
  • The specific arrangements for each annual meeting will be announced separately, by each financial institution, prior to the scheduled date.
  • We encourage our shareholders and policyholders to visit our websites in advance of our annual meetings for the most current information.

AM Best Affirms Credit Ratings of Great-West Lifeco Inc. and Its Subsidiaries

Retrieved on: 
星期三, 十二月 7, 2022

Concurrently, AM Best has affirmed the Long-Term ICR of a (Excellent) and the Long-Term Issue Credit Ratings (Long-Term IR) of Great-West Lifeco Inc. (Lifeco) (Winnipeg, Manitoba).

Key Points: 
  • Concurrently, AM Best has affirmed the Long-Term ICR of a (Excellent) and the Long-Term Issue Credit Ratings (Long-Term IR) of Great-West Lifeco Inc. (Lifeco) (Winnipeg, Manitoba).
  • The outlook of these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

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

Retrieved on: 
星期五, 十一月 18, 2022

TORONTO, Nov. 18, 2022 (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 $0.05625 for each Preferred share ($0.675 annually).

Key Points: 
  • TORONTO, Nov. 18, 2022 (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 $0.05625 for each Preferred share ($0.675 annually).
  • Distributions are payable December 9, 2022 to shareholders on record as at November 30, 2022.
  • Since inception Class A shareholders have received a total of $15.82 per share and Preferred shareholders have received a total of $9.89 per share inclusive of this distribution, for a combined total of $25.71.
  • 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: 
星期五, 十一月 18, 2022

TORONTO, Nov. 18, 2022 (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$0.05625 for each Preferred share ($0.675 annually).Distributions are payable December 9, 2022 toshareholders on record as at November 30, 2022.

Key Points: 
  • TORONTO, Nov. 18, 2022 (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$0.05625 for each Preferred share ($0.675 annually).Distributions are payable December 9, 2022 toshareholders on record as at November 30, 2022.
  • Since inception Class A shareholders have received a total of $23.42 per share and Preferred shareholders have received a total of $10.37 per share inclusive of this distribution, for a combined totalof $33.79.
  • 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.