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Bullboard - Stock Discussion Forum Canadian Life Companies Split Corp T.LFE

Alternate Symbol(s):  T.LFE.P.B | 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 > LCS unti nav to FEB 14 = appprox: $14.93
View:
Post by mouserman on Feb 14, 2024 4:30pm

LCS unti nav to FEB 14 = appprox: $14.93

Gain of 8 cents on the UNIT NAV since JAN 31... very close to the number they need. MFC and GWO reporting after the close. See if GWO Q was as bad as the recent sellers believe it to be.
Comment by mouserman on Feb 14, 2024 6:06pm
GWO had a good report imho, and MFC increased the dividend by 9.6%. Good news for LFE and LCS , gotta love the bigger dividend. TORONTO, Feb. 14, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife" or the "Company") reported its full year and fourth quarter results for the period ended December 31, 2023, during which we delivered double ...more  
Comment by lilswede on Feb 14, 2024 7:18pm
GREAT-WEST LIFECO REPORTS RECORD BASE EARNINGS IN THE FOURTH QUARTER OF 2023; ANNOUNCES 7% DIVIDEND INCREASE and as mm stated Mfc increased its divy by 9.6%