Post by
mouserman on Apr 29, 2024 1:01pm
5 of 6 CAD banks down, ALL 4 lifecos up
So not hard to figure out that LCS is doing better than the financials split funds.. only NAT BANK is up ( 3 pennies) at this time. Bought some more LCS today, as it still trading at a discount despite paying to commons and preferreds this month . Total payout is just over 23 cents. Commons NAV in realtime AFTER distributions would be about $6.55 And of course no payment to preferreds again until August. LCS has a lower payout to commons, which of course makes it more sustainable.