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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Canadian Life Companies Split Corp > Some profittaking this am...

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Post by mouserman on Feb 27, 2024 11:05am

Some profittaking this am...

Not sure about the rush to sell, i am still holding all mine. Tomorrow would be fine to unload some, as its ex divvy date, so you still get the distribution. Lifecos arent going broke anytime soon, or they would not be raising dividends. Patience here is the key. Helps to have a low average.