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 > LFE unit nav real TIME @ $15.21 before distributions.

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Post by mouserman on Feb 27, 2024 12:51pm

LFE unit nav real TIME @ $15.21 before distributions.

So spreadsheet is showing a loss of 14 cents when dividends collected are included. All 4 CAD holdings go ex divvy in the next few days, and PRU and AFL went ex divvy after FEB 15th.
After distributions to commons and preferreds the value of the common shares would be $5.04