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 > LFE unit nav in realtime + approx: $15.12

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Post by mouserman on Mar 14, 2024 10:48am

LFE unit nav in realtime + approx: $15.12

So now showing only a gain of 22 cents since the feb 29 numbers.
Even tho there was some negative news regarding US consumer buying today, that hardly affects the lifecos.... But the baby gets thrown out with the bathwater sometimes, when the markets decide to go correct suddenly.

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Comment by BOMAS on Mar 14, 2024 11:50am

So when does Quadravest decide if LFE will distribute a dividend?? Is it based on this Thur and Fri NAV calculations? Or? Appreciate the board's expertise!

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