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 > LCS unit NAV to July 24 =$16.66

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Comment by EricDividendson Jul 25, 2023 11:20am

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Post# 35555911

RE:RE:LCS unit NAV to July 24 =$16.66

You need to have possession of the shares on the opening on the record date.

In other words, they need to be bought at the latest on the Ex-Dividend Date, which is the business day before the record date. Still I would purchase them a couple days before the Ex-Div date, just to be sure I actually have possession

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