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

TORONTO, ONTARIO–(Marketwired – Nov. 20, 2017) – Canadian Life Companies Split Corp. (The “Company”) declares its monthly distribution of {$content}.10000 for each Class A share (.20 annualized) and {$content}.05208 for each Preferred share ({$content}.625 annualized). Distributions are payable December 8, 2017 to shareholders on record as at November 30, 2017.

Since inception Class A shareholders have received a total of .95 per share and Preferred shareholders have received a total of .17 per share inclusive of this distribution, for a combined total of .12 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.