TORONTO, ONTARIO–(Marketwired – Sept. 20, 2016) – Canadian Life Companies Split Corp. (The “Company”) declares its monthly distribution of $0.05208 for each Preferred share ($0.625 annually). Distributions are payable October 7, 2016 to shareholders on record as at September 30, 2016.
Since inception Class A shareholders have received a total of $5.95 per share and Preferred shareholders have received a total of $6.44 per share inclusive of this distribution, for a combined total of $12.39 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.
| Distribution Details | |
| Preferred Share (LFE.PR.B) | $0.05208 |
| Ex-Dividend Date: | September 28, 2016 |
| Record Date: | September 30, 2016 |
| Payable Date: | October 7, 2016 |
