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Bullboard - Stock Discussion Forum Canadian Life Companies Split Corp T.LFE

Alternate Symbol(s):  CLSPF | T.LFE.PR.B

The Companys investment objectives are (i) to provide holders of Preferred Shares with fixed cumulative preferential monthly cash dividends in the amount of $0.04375 per Preferred Share to yield 5.25% per annum on the original issue price (ii) to provide holders of Class A Shares with regular monthly cash distributions targeted to be $0.10 per Class A Share to yield 8.0% per annum on the... see more

TSX:LFE - Post Discussion

Canadian Life Companies Split Corp > Lost my nerve and sold it all
View:
Post by EdPaquette on Apr 28, 2021 3:31pm

Lost my nerve and sold it all

Made 20 cents per share over a 2 week period, which is fine. Because the calendar is about to say May,  I'm jittery and got out.
Comment by mouserman on Apr 29, 2021 9:32am
Never bad to take profits, and never fall in love. THERE ARE other deals out there, which are paying to commons that trade at a discount.  LCS comes to mind.. and LBS... LCS holds only the 4 CAD lifecos. 
Comment by flamingogold on May 12, 2021 10:28am
Any green is good. LFE is never a steady payer. Buy it cheap and play this one for cap gains. A distribution would be a bonus.
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