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 to AUG 15 = approx; $15.16
View:
Post by mouserman on Aug 15, 2024 4:45pm

LFE unit nav to AUG 15 = approx; $15.16

So a little pullback end of day on IAG, which has had a torrid rise up... still had by far the biggest gain since JULY 31 @ 6.5%,. Overall gained  19 cents since JULY 31, and that is biggest monetary gain in the Quadravest splits. Never mind that it had the lowest Unit  NAV back then.
Comment by Higherhopes2020 on Aug 16, 2024 11:51am
Another 10 cents to NAV today?
Comment by BOMAS on Aug 16, 2024 12:55pm
So it sort of looks like LFE will pay a dividend in August?  Appreciate any expert opinions of followers of this board.
Comment by mouserman on Aug 16, 2024 3:28pm
According to my spreadsheet LFE was well over 15$ UNIT NAV  threshhold for paying to commons. Today i have it gaining another 8 cents , so currrently about $15.25