Bullboard - Stock Discussion Forum Canadian Life Companies Split Corp T.LFE.PR.B

Primary Symbol: T.LFE Alternate Symbol(s): CLSPF

The Companys investment objectives are (i) to provide holders of Preferred Shares with fixed cumulative preferential monthly cash dividends in the amount of $0.04375 per Preferred Share to yield 5.25% per annum on the original issue price (ii) to provide holders of Class A Shares with regular monthly cash distributions targeted to be $0.10 per Class A Share to yield 8.0% per annum on the... see more

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Post by PressReleaseon Mar 20, 2023 6:47pm

New Press Release - Canadian Life Companies Split Corp. Preferred Dividend Declared

TORONTO, March 20, 2023 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.06667 for each Preferred share ($0.800 annually). Distributions are payable April 10, 2023 to shareholders on record as at March 31, 2023. There will not be...read article.

Post by DemDemon Mar 14, 2023 3:40pm

lfe

Bad timing!

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Comment by flamingogoldon Mar 13, 2023 4:15pm

RE:LFE unit nav takes a major hit

I have always played LFE for cap gains only. When it begins it pay, that's a sell signal for me. History has shown the odds are better to dump it once it gets to paying distributions and rebuying ...more

Discussion

Post by mousermanon Mar 10, 2023 3:19pm

LFE unit nav takes a major hit

Safe to say that the chances of LFE getting back to paying commons distributions is getting very low.

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Discussion

Post by mousermanon Mar 04, 2023 11:39am

Spreadsheet lost 5 cents since FEB 28th UNIT NAV @ $14.33

So to March 03 the UNIT NAV now @ $14.33 and the commons then @ 4.33 value. The bottom 7 holdings did not contribute any positive moves...and of the top 4 only SLF, GWO and MFC were up ...more

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Post by mousermanon Mar 04, 2023 11:36am

LFE unit nav came in @ $14.38 to Feb 28

So wasnt nearly as high as my estimates. But good reason for that, LFE has changed up the % of each holding, making the order as follows: according to Sedar filing . MFC 30.5% SLF 27% IAG ...more

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Comment by Investability00on Mar 02, 2023 9:34am

RE:LFE unit nav to Feb 28 guesstimate =Approx: $14.50

Thanks for doing up a spreadsheet on LFE. It's very much appreciated, and looking forward to the coming update.

Discussion

Post by mousermanon Mar 01, 2023 5:46pm

LFE unit nav to Feb 28 guesstimate =Approx: $14.50

Did up a spreadsheet to FEB 28th and really was about flat today, with the US lifecos going down , while the CAD continued the rise up. Anywasy just a guess and we will see what comes about when ...more

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Discussion

Post by Investability00on Feb 28, 2023 3:49pm

Another big hit

LFE is taking off. Life Co's are on fire. Just excellent and ahead of my schedule.

Post by slston Feb 28, 2023 1:05pm

Insurance Cos doing well

Insurance Cos continue to raise their dividends. They are benefiting from rising interest rates. Practically no one cuts back on insurance coverage. Expecting a pick up in NAV as ...more

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Post by PressReleaseon Feb 24, 2023 4:27pm

New Press Release - Canadian Life Companies Split Corp. Financial Results to November 30, 2022

TORONTO, Feb. 24, 2023 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. ("the Company") announces that its annual financial statements and management report of fund performance for the year ended November 30, 2022 are now available at www.sedar.com and the Company's website at www...read article.

Comment by mousermanon Feb 21, 2023 9:02am

RE:RE:Do they include Feb 15th

Those numbers are from August semiannual report. SO they could be way out of whack by now. IAG has been the strongest mover among those 4 since MAY 31 2022, at about a gain of 34.7%, ...more

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Post by PressReleaseon Feb 21, 2023 9:00am