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

Published 2024-05-16, 09:14 a/m

LFE
-1.72%

TORONTO, May 16, 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 June 10, 2024 to shareholders on record as at May 31, 2024.

Since inception Class A shareholders have received a total of $7.95 per share and Preferred shareholders have received a total of $11.62 per share inclusive of this distribution, for a combined total of $19.57 per unit.  

The Company invests in a portfolio of four publicly traded Canadian life insurance companies as follows: Great-West Lifeco (TSX:GWO) Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife (TSX:MFC) Financial (NYSE:MFC) Corporation and Sun Life (TSX:SLF) Financial (NYSE:SLF) Inc.  

Distribution  Details  
   
Class A Share (LFE)$0.10000
Preferred Share (LFE.PR.B)$0.06667
Record Date:May 31, 2024
Payable Date:June 10, 2024
   

Investor Relations: 1-877-478-2372Local: 416-304-4443www.lifesplit.cominfo@quadravest.com

Source: Canadian Life Companies Split Corp.

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