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 > Lifecos showing some resilience

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Post by mouserman on Mar 14, 2024 3:51pm

Lifecos showing some resilience

GWO back in green and MFC getting close to even on the day. So i suspect the UNIT NAV should finish around $15.20 today. Would need a very bad day tomorrow to drop under 15$. WHo knows with Quadravest they may use todays close to pay as many splits as possible if they are over the 15$ level.
Altho normally they only use that strategy for their signature fav DFN....