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Canadian Life Companies Split Corp T.LFE

Alternate Symbol(s):  CLSPF | T.LFE.PR.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 original issue price and (iii) to return the original issue price to holders of both Preferred Shares and Class A Shares at the time of the redemption of such shares on December 1, 2012. The Company will invest primarily in a portfolio of common shares of Proceeds: (the ``Portfolio) which will include the following publicly traded Canadian life insurance companies (the ``Portfolio Companies), each of whose shares will generally represent no less than 10% and no more than 30% of the net asset value (``Net Asset Value) of the Company: Great-West Lifeco Inc.


TSX:LFE - Post by User

Comment by mousermanon Mar 26, 2024 10:12am
61 Views
Post# 35952818

RE:RE:Last day to buy for distributions today

RE:RE:Last day to buy for distributions today
WinterBaron wrote: Imagine it is simply that LFE is trading near 5 year highs and distributions aren't very consistent. Therefore concerns about capital loss after dividends paid.

Yeah could be that... as many investors look at charts and not at fundamentals.
 Imainge saying the charts on NVidia werent good in the past , so didnt buy... things do CHANGE....
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