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

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TSX:LBS - Post Discussion

Life & Banc Split Corp > LBS unit nav to Sept. 5 = approx: $18.43

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Post by mouserman on Sep 05, 2024 4:40pm

LBS unit nav to Sept. 5 = approx: $18.43

Showing a gain of 31 cents since the update a week ago. But i do believe the distibutions will be taken off for tomorrow's update. Commons should be valued around $8.43 approx; and the last sale @ $7.82 leaves a big discount of 61 cents even after distributions. Works out to 7.2 %... I will be buying more if we get a bigger pullback next few days.. altho lots of time until ex divvy date.

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