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 pullback.... LFE down a few pennies at the close.

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Post by mouserman on Mar 18, 2024 4:25pm

Lifecos pullback.... LFE down a few pennies at the close.

No updated numbers from Quadravest as yet, so will get a proper read on the valuation when we see that.

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Comment by Higherhopes2020 on Mar 19, 2024 12:02am

Thanks. TORONTO, March 18, 2024 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (the "Company") declares its monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.06667 for each Preferred share ($0.800 annualized). Distributions are payable April 10, 2024 to shareholders on record as at March 28, 2024. Dividend Yield (Ann) 24.742%

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