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

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Canadian Life Companies Split Corp > Thinking on adding more here

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Post by mouserman on Feb 29, 2024 8:10am

Thinking on adding more here

Higher for longer seems to be the latest thoughts from the globe and mail. Certainly doesnt seem to be
any rush for US fed, and BOC either for that matter. Rates are certainly not the highest they have ever been, but are a shock after so many years of near 0% interest.