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Bullboard - Stock Discussion Forum Brompton Lifeco Split Corp T.LCS

Alternate Symbol(s):  T.LCS.PR.A

The Funds investment objectives are to provide holders of Preferred shares with fixed, cumulative, preferential quarterly cash distributions in the amount of 0.15625 per share and to return the original issue price of 10.00 per Preferred share to Preferred shareholders at maturity; and to provide holders of Class A shares with regular monthly cash distributions, targeted to be 0.075 per share... see more

TSX:LCS - Post Discussion

Brompton Lifeco Split Corp > Brompton reports LCS unit NAV @ $16.52
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Post by mouserman on Apr 28, 2023 10:07am

Brompton reports LCS unit NAV @ $16.52

SO they did delay accounting for distributions , altho the NAV reported for the commons does show the entire preffered portion taken off, posted at $6.37 value for commons. if we take off the remaining 7.5 cents for the distribution to commons the UNIT NAV  to yesterday comes in  @ approx: $16.29. My spreadsheet was deadon to the penny.
Comment by Inglewood on Apr 28, 2023 10:53am
bullseye!
Comment by EricDividends on Apr 28, 2023 11:18am
Well done, now we just need to see the share price climb. Lifecos keep going up and up, looking good for a few months I think, so the premium should begin to climb
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