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

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TSX:LCS - Post Discussion

Brompton Lifeco Split Corp > LCS Dividend Payment

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Post by Ozzie9661 on Aug 16, 2023 6:30pm

LCS Dividend Payment

I bought LCS early July -- dividend payment date was supposed to be yesterday. I haven't received anything yet, and I wanted to ask if anyone else has yet to receive the distribution. Does the distribution typically come through later with LCS?

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Comment by EdPaquette on Aug 16, 2023 8:26pm

I got mine this morning. Call your broker.

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Comment by mouserman on Aug 17, 2023 9:17am

I have held this one on and off for the better part of a year now, and probably has been my biggest gainer. Never have i got the ditributions late. I am looking to buy back in again here soon, as the yield now back above 15.3%... and lifecos will start to get a lot bettter returns with the high interest rates. The gains in earnings will have a lag effect as the companies get slowly rid ...more

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