Canadian Life Companies Split Corp (LFE)

2.94
+0.12(+4.26%)
  • Volume:
    25,162
  • Bid/Ask:
    2.93/2.95
  • Day's Range:
    2.81 - 2.96
High dividend Yield

Dividend yield shows how much a company pays its shareholders in dividends annually per dollar invested. It reflects how much an investor will earn aside from any capital gains in the stock.

LFE Overview

Prev. Close
2.82
Day's Range
2.81-2.96
Revenue
1.94M
Open
2.83
52 wk Range
2.2-4.68
EPS
-0.413
Volume
25,162
Market Cap
36.67M
Dividend (Yield)
1.20
(34.38%)
Average Volume (3m)
27,869
P/E Ratio
-6.78
Beta
2.93
1-Year Change
-36.77%
Shares Outstanding
12,472,701
Next Earnings Date
May 03, 2023
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Canadian Life Companies Split Corp Company Profile

Canadian Life Companies Split Corp Company Profile

  • Type:Equity
  • Market:Canada
  • ISIN:CA1362904007
  • CUSIP:136290400

Canadian Life Companies Split Corp. is a mutual fund company that invests primarily in an actively managed portfolio of common shares comprised primarily of four core large capitalization Canadian life insurance companies. The Company’s objectives are to provide holders of preferred shares with a cumulative preferential floating rate monthly dividend at an annual rate equivalent to the greater of 6.5% based on the $10 original issue price, and the prevailing Canadian prime rate plus 2% annually based on the $10 original issue price, to a maximum of 8% and to pay holders the original issue price of $10. The Company’s objective also is to provide holders of Class A shares with such dividends as the directors of the Company may from time to time determine and to pay on the termination date such amounts as remain after paying the holders of Preferred shares the amounts owing to them. The manager and the investment manager of the Company is Quadravest Capital Management Inc. (Quadravest).

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Technical Summary

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Moving AveragesStrong BuyStrong BuyBuySellStrong Sell
Technical IndicatorsStrong BuyStrong BuyStrong BuySellStrong Sell
SummaryStrong BuyStrong BuyStrong BuySellStrong Sell