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 > LFE unit nav in realtime =approx: $15.09

View:

Post by mouserman on Jul 30, 2024 2:12pm

LFE unit nav in realtime =approx: $15.09

My spreadsheet shows a gain of 6 cents since the update July 15th.. after distributions the commons are worth about $4.92 ... still over 2 weeks until the midmonth calculation date for paying to commons. LFE could get there easily, as it only has to be 15$ or higher in the UNIT NAV. So it needs to rise 8 cents.