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 unit nav to Nov 24 = approx: $16.59

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Post by mouserman on Nov 24, 2023 4:23pm

LCS unit nav to Nov 24 = approx: $16.59

So looking like a gain of about 4 cents since yesterdays update. Commons started to get some buying today, altho the lifecos did back off a touch near the days end.
After distributions and prorated preferreds get taken off , the commons have a value of about 6.47 i believe. Discount would be 12 cents after distributions are taken into account.

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Comment by Toppicks1 on Nov 25, 2023 9:58am

Thanks for your postings. Very informative. I must say I switched from FTN yesterday to LCS. Had Avery tidy profit in FTN and wanted to bank it. Will be adding more LCS next week before ex day. Kudos to you.

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Comment by Toppicks1 on Dec 14, 2023 8:19am

Got almost 4K this am in divis. And have about 12k in capital gains. Thanks to mouserman. Kudos. Your nav posting are great. I hope you have a Merry Christmas.

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Brompton Lifeco Split Corp