Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 > LFE unit nav in realtime @$14.94 with Q earnings on tap...
View:
Post by mouserman on May 08, 2024 1:18pm

LFE unit nav in realtime @$14.94 with Q earnings on tap...

So only about 6 more pennies to gain, for the threshhold for paying.  Spreadsheet showing a gain of 59 cents, since April 30.
Comment by lilswede on May 08, 2024 2:57pm
Mm, im pretty sure you know this, but how much value does the divys the lifecos pay to lfe add to the value of the nav? thanks 
Comment by mouserman on May 08, 2024 5:36pm
I do believe the big 4 CAD lifecos have  Q dividends adding up to $2.56   in total. MFC 40 cents, SLF  78 cents IAG 82 cents and GWO 56 cents.. altho that was last Q ...Those will be accounted for on ex divvy date. Outside of the big 4 there are also dividends from the minor holdings, 4 US insurers and 3 CAD BANKS, TD, CM AND BNS.