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 26 = approx; $16.57

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Post by mouserman on Sep 26, 2024 4:54pm

LFE unit nav to Sept 26 = approx; $16.57

Spreadsheet is now showing a gain of over 56 cents since Midmonth udpate... and that values the commons at $6.40 after distributions are accounted for. Last trade @ $6,17 gives it a discount of 23 cents after dist. are accounted for. LFE's 56 cent gain since sept 13th would be the largest gain in the quadravest split funds.. again. FTN had the next biggest gain at nearly 45 cents.