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

Alternate Symbol(s): T.LCS.P.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

Add To Watchlist

TSX:LCS - Post Discussion

Brompton Lifeco Split Corp > LCS unit nav to OCT 26 = approx: $14.90 before dist.

View:

Post by mouserman on Oct 26, 2023 4:28pm

LCS unit nav to OCT 26 = approx: $14.90 before dist.

So the udpate from Brompton tomorrow should show this number , as ex div date is not until monday.
Commons would have a value of $4.90 before distributions are figured in , but only $4.67 after they come off. No matter which way you look at it , LCS is trading at a discount despite paying to commons this month. All 4 lifecos are set to report Q earnings in early November. If they beat the analysts numbers, LCS holdings could see a nice jump.