Bullboard - Stock Discussion Forum Canadian Life Companies Split Corp CLSPF

Primary Symbol: T.LFE Alternate Symbol(s): 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... see more

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TSX:LFE - Post Discussion

Canadian Life Companies Split Corp > LFE nav rising

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Post by NoShoesNoShirt on Jul 22, 2024 1:04pm

LFE nav rising

All the lifecos are up and LFE has already announced it's paying. Over 25% yield.

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Comment by Mmb060 on Jul 22, 2024 2:53pm

Be careful doing that calculation.. Just one distribution declared to be paid.

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Comment by mouserman on Jul 22, 2024 5:08pm

TORONTO, July 17, 2024 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (the "Company") declares its monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.06667 for each Preferred share ($0.800 annualized). Distributions are payable August 9, 2024 to shareholders on record as at July 31, 2024. Since inception Class A shareholders have received a ...more

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Comment by mouserman on Jul 23, 2024 2:22pm

this was the stockwatch news: An anonymous director reports CANADIAN LIFE COMPANIES SPLIT CORP. DECLARES CLASS A & PREFERRED SHARE DIVIDEND Canadian Life Companies Split Corp. has declared its monthly distribution of 10 cents for each Class A share ($1.20 annualized) and 6.667 cents for each preferred share (80 cents annualized). Distributions are payable Aug. 9, 2024, to shareholders on ...more

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Canadian Life Companies Split Corp