Bay Street News

Canadian Life Companies Split Corp. Preferred Dividend Declared

TORONTO, Nov. 20, 2018 (GLOBE NEWSWIRE) — Canadian Life Companies Split Corp. (The “Company”) declares its monthly distribution of $0.05208 for each Preferred share ($0.625 annually). Distributions are payable December 10, 2018 to shareholders on record as at November 30, 2018.

Since inception Class A shareholders have received a total of $7.15 per share and Preferred shareholders have received a total of $7.79 per share inclusive of this distribution, for a combined total of $14.94 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:   November 29, 2018
     
Record Date:   November 30, 2018
     
Payable Date:   December 10, 2018
     

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www.lifesplit.com
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