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 unit nav 15 minutes into trading @$15.10

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Post by mouserman on Aug 14, 2024 9:43am

LFE unit nav 15 minutes into trading @$15.10

Showing a gain of 13 cents now since the JULY 31 numbers , kind of thought it would come back after the Q reports, the rapid rise caught me flat footed.. still have some freebies , but didnt follow my instinct to load up under $4.30 ... too much fear in me after the AUG 5 crash.

518

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Comment by Higherhopes2020 on Aug 14, 2024 9:50am

NAV holds at this level we get distribution again. Thanks for posting NAV. May be its a sign of turnaround.

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Comment by mouserman on Aug 14, 2024 3:53pm

The fact that LFE is up since July 31and FTN, FFN, BK and many others are down since that date, is one sign that the lifecos were oversold. LCS and LFE the biggest gainers today, for good reason.

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Canadian Life Companies Split Corp