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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 > LCS unit nav to MAy 1 = approx; $16.74 before dist.
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Post by mouserman on May 01, 2024 4:35pm

LCS unit nav to MAy 1 = approx; $16.74 before dist.

So after paying to commons and preferreds, LCS commons would carry a value of about $6.51.. which is 30 cents  higher than where the common share price closed today. After this month it will be August before LCS pays to preferreds again.
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