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

Add To Watchlist

TSX:LFE - Post Discussion

Canadian Life Companies Split Corp > MFC went exdivvy today

View:

Post by mouserman on May 21, 2024 12:30pm

MFC went exdivvy today

SO i have to add 40 cents to the price of MFC to balance it out. SO really not down a lot ... and LFE UNIT NAV not down real big either. I may buy some more down here. Lots of holdings going ex divvy and going to be paid in June. However we account for the gain in the value of the holding on ex -divvy date.