Brompton Lifeco Split Corp T.LCS

Alternate Symbol(s): T.LCS.PR.A

The Funds investment objectives are to provide holders of Preferred shares with fixed, cumulative, preferential quarterly cash distributions in the amount of 0.15625 per share and to return the original issue price of 10.00 per Preferred share to Preferred shareholders at maturity; and to provide holders of Class A shares with regular monthly cash distributions, targeted to be 0.075 per share, and the opportunity for growth in Net Asset Value per share. To achieve these objectives, the Fund invests in a common share portfolio of the following Canadian life insurance companies on an equally weighted basis at the time of investment and any subsequent rebalancing.

TSX:LCS - Post by User

Brompton Lifeco Split Corp

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Post by mtlpcxprton May 27, 2016 12:34pm

185 Views

Post# 24910684

Dividend coming in June?

Finally...$5! That is what is needed as a floor to obtain that juicy dividend! Missed out on 4 x $90, but does not matter...still am making a 52.67% on the stock at $5. To get a 1.5% on a monthly basis is good enough for me...still going to sell at the $6-$7 range...

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