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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

TSX:LFE - Post Discussion

Canadian Life Companies Split Corp > Quadravest reports LF UNIT NAV @ $14.73
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Post by mouserman on Jan 06, 2024 2:54pm

Quadravest reports LF UNIT NAV @ $14.73

Yes if and when LFE gets to a midmonth udpate with a UNIT NAV of 15$ or higher, they will pay out  the distributions  about a month after that is determined. We take the distribution amounts off on ex divvy date.
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