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

Alternate Symbol(s):  CLSPF | T.LFE.P.B

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 > LFE UNIT NAV in real time @15.28
View:
Post by mouserman on Feb 23, 2024 11:01am

LFE UNIT NAV in real time @15.28

So now LFE has only lost 7 cents since the FEB 15 update, and most of that from IAG.
SLF has had a good run up tho and is helping the NAV recover. With the big divvies coming in, commons will be  have a value of $5.28 after distributions.
Comment by kurtwalter on Feb 23, 2024 12:49pm
So the dividends are safe, you think?
Comment by mouserman on Feb 23, 2024 3:03pm
Dividends for the lifecos? I do believe they are safe
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