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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TSX:LFE - Post Discussion

Canadian Life Companies Split Corp > Trading at a 20% discount to NAV

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Post by slst on Apr 11, 2023 2:51pm

Trading at a 20% discount to NAV

If this trend continues and there is a recovery from the US banking crisis, the insurance sector will benefit.

Was averaging up, when I got caught with this recent pull back....Fingers crossed.

Dont have a problem holding Giant Canadian Insurance companies at such a significant discount.

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