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 > Last day to buy for distributions today

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Post by mouserman on Mar 26, 2024 9:48am

Last day to buy for distributions today

Surprised there arent more loading up for the big yield...

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Comment by WinterBaron on Mar 26, 2024 9:55am

Imagine it is simply that LFE is trading near 5 year highs and distributions aren't very consistent. Therefore concerns about capital loss after dividends paid.

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Comment by mouserman on Mar 26, 2024 10:12am

Yeah could be that... as many investors look at charts and not at fundamentals. Imainge saying the charts on NVidia werent good in the past , so didnt buy... things do CHANGE....

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