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 > Stocks retreat after FED . LFE UNIT NAV @ $15.23 MAy22

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Post by mouserman on May 22, 2024 4:26pm

Stocks retreat after FED . LFE UNIT NAV @ $15.23 MAy22

So the spreadsheet ended up showing a gain of only 23 cents since MAY 15th, but still would be the top gains for any Quadravest split fund. Since May 15 , FTN and FFN only a penny gain, BK has lost 5 cents and DF and DFN up only 6 cents. LFE trades at a discount of 30 cents at the close of $4.93 .
More divvies to come tomorrow from IAG.