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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 holdings getting pounded.
View:
Post by mouserman on Dec 12, 2024 2:57pm

LFE holdings getting pounded.

And with the interest rate cuts, happening its not really a surprise, IF Canada gets to 2.5% , the lifecos will feel it, but wont be anywhere near bellyup... as the have too much of a global business, altho the global economy not great either. 
Interesting to watch from the sidelines for me.
Comment by Stoiklaugh on Dec 12, 2024 3:02pm
Enjoy the show from the sideline, I am still in play... GLTA
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