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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

TSX:LCS - Post Discussion

Brompton Lifeco Split Corp > What are the chances
View:
Post by Donwaan on Dec 12, 2023 12:20am

What are the chances

that Brompton would raise the LCS distribution. Increasing it to 10 cents would get the markets attention and no doubt reduce that discount.
Comment by navgod on Dec 12, 2023 5:20am
If they were to do it the maturity/renewal date April/24 would be a great time for it to take effect. GLTA
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