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 to OCT 22 = approx: $16.76 before dist.

View:

Post by mouserman on Oct 22, 2024 4:58pm

LFE unit nav to OCT 22 = approx: $16.76 before dist.

Spreadsheet now showing a loss of just over 3 cents since the oct 15 th numbers, as the lifecos see some profittaking after a big run up. After distributions LFE commons would be valued at about $6.59 and so with the last trade @ $6.46 they are still at a discount after distrib. of about 13 cents.

134