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 to Nov 13 = approx; $17.68

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Post by mouserman on Nov 13, 2024 12:09pm

LFE unit nav to Nov 13 = approx; $17.68

SHOWING A gain of $1.37 in UNIT NAV since OCt 31 , and is likely the biggest monetary gain in the split fund UNIT NAVs at this point.. Common shares should hold a value of about $7.68 here, and so with the last trade @ $6.90 the discount now @ 78 cents or about 10.1 %..