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LQWD Technologies Lightning Network Infrastructure Surpasses 1 Million Global Transactions (click to learn more)
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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 > Lifecos gaining and CAD banks doing ok
View:
Post by mouserman on Jul 26, 2024 10:41am

Lifecos gaining and CAD banks doing ok

So LFE moving back closer to 15$ level, before distributions are factored in... however the 17 cents they need to pay out , means they need capital gains well above 15$ to pay distributions again next month...
Comment by Donwaan on Jul 26, 2024 11:24am
With the lifecos reporting Q2 results next month and if the numbers are good perhaps the needed capital gain will be attained. Hope so!
Canadian Life Companies Split Corp
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