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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 realtime @ approx: $15.23
View:
Post by mouserman on Mar 13, 2024 11:12am

LFE unit nav in realtime @ approx: $15.23

So MfC bouncing back nicely and when the biggest holding jumps up , it makes a difference.
Spreadsheet now sholwing a gain of 33 cents since Feb 29.... 
will see how it finished today, but friday could see another big day up if LFE looks to be a lock to pay.
Discount here is about 40 cents  or about 7.5%
Comment by Higherhopes2020 on Mar 13, 2024 1:06pm
Thanks.  LFE will pay the 2 months in a row.  DF might pay if todays gain holds. Bought few thousnds  shares today.