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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 > realtime LCS UNIT NAV @ $16.68
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Post by mouserman on Apr 22, 2024 11:17am

realtime LCS UNIT NAV @ $16.68

So not much danger of LCS missing, but that 7.5 distribution for commons keeps it at a discount. ALSO keeps it paying as well... definitely LCS has made me more $$ than any other split fund the past 3 years.. Cost basis must be around a 1$ now..
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