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

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TSX:LFE - Post Discussion

Canadian Life Companies Split Corp > LFE unit nav to Sept 24 = approx; $16.40

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Post by mouserman on Sep 24, 2024 4:25pm

LFE unit nav to Sept 24 = approx; $16.40

SO LFE now looks to be the leading money gainer in the quadravest splits , regardless of low the UNIT NAV was. In % gainer its not close, LFE wins easy.
LFE commons have a value of about $6.23 after distributions. So trading at a 18 cent discount then.. after distributions are accounted for.