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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 > Redistribution
View:
Post by amugsgame on Jan 13, 2025 10:06am

Redistribution

LCS has been getting killed after the split. A good NAV / unit discount but a lower yield than other splits like FFN or DGS. I have over 10,000 LCS but thinking of triming that and reistributing perhaps to more diversified splits. Anyone else thinking the same
Comment by NoShoesNoShirt on Jan 13, 2025 10:52am
Lifecos have lost their momentum, and the whole market has rolled over. Get out now or look away for a few months. I got out last week at a losses, but I thought it would get worse. 
Comment by Stoiklaugh on Jan 13, 2025 11:15am
There is still a nice safety cushion (NAV vs treshold) and I personnaly like the way Brompton communicate frequent NAV updates... I agree with you that yield is low... I like to keep some so that it is still on my radar and it's fun when it bursts up! GLTA
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