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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 > Financials starting to creep into red
View:
Post by mouserman on Feb 29, 2024 11:56am

Financials starting to creep into red

Dont see any of the CAD banks  hiking divvies, but 3 of the 4 big lifecos did...
I think lifecos are quicker to adapt to risks...and really dont have loan portfoliios going sour.
Comment by NoShoesNoShirt on Feb 29, 2024 11:44pm
Too many investors are going forward by looking into the rear view mirror. LFE will be better than DFN in the next few years. 
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