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 in realtime @ $17.66

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Post by mouserman on Nov 07, 2024 1:30pm

LFE unit nav in realtime @ $17.66

As expected IAG pulling back after the 20$ gain yesterday.. BUT OVERALL LFE NAV still up $1.36... crazy big jump in a week. Common shares last traded @ $6.80.. meaning the discount is about 86 cents at this point in time. Common real value at present is $7.66 so in % terms it is discounted 11.25%