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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 > Quadravest updates LFE unit nav to March 15 @15.19
View:
Post by mouserman on Mar 19, 2024 6:41pm

Quadravest updates LFE unit nav to March 15 @15.19

So my estimate was very close within a penny.  SO after the pullback late inthe day, thevalue of the common shares ( before dist.) would be  $5.25. Last sale at $4.92 leaves the discount @ 33 cents or about 6%.
Comment by Higherhopes2020 on Mar 20, 2024 10:13am
Thanks for the update.  It is the most discounted among the splits at present and Yields 24%. Just have to wait one more week to go x-dividend.
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