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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Canadian Life Companies Split Corp > SLF and MFC report strong earnings

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Post by mouserman on Feb 09, 2022 5:32pm

SLF and MFC report strong earnings

So far, so good from the Q and yearend reports. I dont see a sell on news happening, but who knows , i could be wrong. The big 4 CAD lifecos have been on quite a run.
If this keeps up LFE will pass DF in unit nav in notime. DF trades at a premium, and is up 25 cents so far this month. LFE is up about 39 cents in that same time period.

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Comment by Donwaan on Feb 09, 2022 6:27pm

Yes they are excellent results! I'd had my eye on LFE for some time but it was your move that got me buying a month ago. I've sold about 1/2 along the way but am glad I've held on to some. If LFE becomes a steady payer it may be a keeper. Thanks again!

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Canadian Life Companies Split Corp