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Bullboard - Stock Discussion Forum Life & Banc Split Corp T.LBS

Alternate Symbol(s):  LFBCF | T.LBS.PR.A

Life & Banc Split Corp. (the Fund) is a Canada-based mutual fund company. The Fund's investment objective is to provide holders of Preferred shares with fixed cumulative preferential quarterly cash distributions and to return the original issue price on the maturity date, and to provide holders of Class A shares with regular monthly cash distributions and the opportunity for growth in Net Asset... see more

TSX:LBS - Post Discussion

Life & Banc Split Corp > maybe div halted ?
View:
Post by Stwatcher2 on Oct 27, 2023 12:54pm

maybe div halted ?

possible reason for this big drop ?
Comment by Mirko22 on Oct 27, 2023 12:57pm
I have seen company who declares div. They will release the day befoer ex-div. Div is discountined. look at the volume. unreal.
Comment by Stwatcher2 on Oct 27, 2023 12:59pm
the high vol is the scarey part... and dropping SP
Comment by bubba9 on Oct 27, 2023 1:04pm
Disagree. That's not the way LBS did it last time. You just had to follow the NAV and figure it out. THey notified of divs paid on all the funds and when LBS wasn't there, you knew. 
Life & Banc Split Corp
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