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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 > LFE continues to surge higher...
View:
Post by mouserman on Sep 16, 2024 2:45pm

LFE continues to surge higher...

Unit nav at present would be up around.. $16.17 showing a bout a 50 cent gain since AUg 30...
SO commons would be valued at about $6 after distributions are paid to commons and preferreds.
Significant discount, as I am sure many are hoping for a pullback to get in.. i am one of those. DID NOT GET as many as i wanted a month ago... and actually some sold  at My Ask a few sessions  ago.
Comment by Stoiklaugh on Sep 16, 2024 3:05pm
Same here, I gought some again this morning seeing that the Lifecos were green.. Added some at today at 5.72... average is now 5.23;  decent profit so far... and nice dividend if I decide to keep some... Your input is always appreciated and I like reading your posts, I find them helpfull...thanks again! GLTA
Comment by Higherhopes2020 on Sep 17, 2024 10:29am
NAV has gone up another 10 cents today?.  Please post real time NAV.  Thanks in advance.
Comment by NoShoesNoShirt on Sep 17, 2024 12:14pm
I have a Watchlist of the 4 lifecos, which is up 0.06% multiplied by $16 and the nav is up a penny. 
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