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Bullboard - Stock Discussion Forum Brompton Lifeco Split Corp T.LCS

Alternate Symbol(s):  T.LCS.PR.A

The Funds investment objectives are to provide holders of Preferred shares with fixed, cumulative, preferential quarterly cash distributions in the amount of 0.15625 per share and to return the original issue price of 10.00 per Preferred share to Preferred shareholders at maturity; and to provide holders of Class A shares with regular monthly cash distributions, targeted to be 0.075 per share... see more

TSX:LCS - Post Discussion

Brompton Lifeco Split Corp > LCS unit nav to Jan 25 = approx; $15.84
View:
Post by mouserman on Jan 25, 2023 4:26pm

LCS unit nav to Jan 25 = approx; $15.84

So pulled back a bit from the earlier post today, but still has gained about 32 cents since the update last thursday. That is almost double the gain that DGS has had, and so LCS has passed DGS in UNIT NAV in  the past month and is  now pulling away.
LCS trading at a discount , of about 41 cents before upcoming distributions are figured in, and even still at a discount AFTER those distributions are accounted for.
Comment by Bldwealth on Jan 26, 2023 8:23am
Is the payout for this fund an "eligible dividend" or ROC?
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