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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Canadian Life Companies Split Corp > LNC up 7.5% and AFL up over 9%

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Post by mouserman on Aug 01, 2024 10:38am

LNC up 7.5% and AFL up over 9%

SO those 2 insurers are definitely bucking the trend that is taking down most of the financials stocks in my list.
Still strange that despite the strong US results, and the bullish comments from analysts, that the BIG 4 CAD insurers are heading lower.

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