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 guesstimate to NOV 15 = approx: $17.78

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Post by mouserman on Nov 15, 2024 5:14pm

LFE guesstimate to NOV 15 = approx: $17.78

Spreadsheet showing a gain of about 1.47 to Nov 15th, but not sure if this will be accurate... could be a lot of changes... but for now that is the guess.

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Comment by mouserman on Nov 19, 2024 9:22pm

Quadravest updated the UNIT to the 15th at $17.67. I am thinking some covered calls got taken out which should increase the cash position for the monthend squaring up on the retraction of the commons. Result today is the commons value dropped to $7.68 and the last trade AT $7.15 means the COMMONS are only discounted 52 cent or about 6.7%

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Canadian Life Companies Split Corp