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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

Comment by mousermanon Jan 24, 2023 11:23pm
116 Views
Post# 35244048

RE:RE:Brompton announces distributions today

RE:RE:Brompton announces distributions today

JohnWalker wrote: You better re-read that press release. LCS.PR getting .15625 distribution this month.


LCS paid no Distributions in January , which is this month. February is next month , maybe I should be more clear. I did say the pay .23 cents or so in February. How much does BK pay  next month? And are trading at a 30% premium. LCS yield is higher and trades at a discount.
 

 

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