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 31 = approx; $16.29 after dist.

View:

Post by mouserman on Oct 31, 2024 5:22pm

LFE unit nav to OCT 31 = approx; $16.29 after dist.

So spreadsheet says it has lost 33 cents since the update. Add on the 17 cents for dist. and that makes the drop 50 cents from the updated OCT 15th number of $16.79.
It appears i exitted this one at or near the top. Lifecos probably going to do better than many think, as they have global exposure and diversity. However ,overall the Canada data looks grim.

149