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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

TSX:LFE - Post Discussion

Canadian Life Companies Split Corp > LFE unit nav to Nov 13 = approx: $17.63
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Post by mouserman on Nov 13, 2024 4:28pm

LFE unit nav to Nov 13 = approx: $17.63

Pullback end of the day in lifecos and  the banks dropped the UNIT NA V back down. Now the gain since OCt 31 = approx: $1.32 and commons now valued at $7.63 .. so with the last trade @ $6.91 the discount is 72 cents or about 9.4%...
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