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

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TSX:LFE - Post Discussion

Canadian Life Companies Split Corp > so - we at $15.00 yet?

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Post by MatonMan on Nov 16, 2021 1:12pm

so - we at $15.00 yet?

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Comment by HappyFrog on Nov 16, 2021 1:17pm

Well If not this month, it will be soon a think. meanwhile it goes up as the wakeup call occurs !

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Comment by mouserman on Nov 16, 2021 3:00pm

Getting close for sure, realtime would show it at about 15$ exactly if they havent gone to a bigger cash position, which i believe is most likely. Need to wait for the udpate for more exact calculations.

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Comment by EdPaquette on Nov 16, 2021 3:17pm

Mfc is up 4% today. Quadravest will announce distributions or not by friday. Its a Nail biter this month but a sure thing is the underlying stocks are raising dividends.

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Comment by HappyFrog on Nov 16, 2021 3:31pm

Yep and it will depend on their CutOff date too! The closing day that they took the picture. Insane dividend... The only one consider different is SBC, I beleive it missed 2 since inception....a keeper for sure !

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Canadian Life Companies Split Corp