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 > I was planning on being patient

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Post by HappyFrog on Jan 08, 2022 2:35pm

I was planning on being patient

But once reaching the level for the payables. (finally loll)

I m not sure if I will keep it for the dividends. I guess it depends on the behavior of the LifeCos stock with the pressure of interest rates.(I expect it to be good thing for them)

It will be a difficult decision to take for me. Somewhat more nervous

great YOC...when it pays....

2020 2X
2019 1X
2018 1X
2019 9X

186