Le Lézard
Classified in: Business
Subject: DIVIDENDS

Canadian Life Companies Split Corp. Declares Class A & Preferred Share Dividend


TORONTO, ONTARIO--(Marketwired - Aug. 18, 2017) - Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.05208 for each Preferred share ($0.625 annualized). Distributions are payable September 8, 2017 to shareholders on record as at August 31, 2017.

Since inception Class A shareholders have received a total of $6.75 per share and Preferred shareholders have received a total of $7.01 per share inclusive of this distribution, for a combined total of $13.76 per unit.

The Company invests in a portfolio of four publicly traded Canadian life insurance companies as follows: Great-West Lifeco Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife Financial Corporation and Sun Life Financial Inc.

Distribution Details  
 
Class A Share (LFE) $0.10000
 
Preferred Share (LFE.PR.B) $0.05208
 
Ex-Dividend Date: August 29, 2017
 
Record Date: August 31, 2017
 
Payable Date: September 8, 2017

These press releases may also interest you

at 10:34
Geico Has the Best Auto Insurance for Immigrants (Just $30 a Month!)
AutoInsurance.org recently published a guide to auto insurance for immigrants in which they found Geico the best provider. Geico Has...

at 10:30
Shareholder Alert: Ademi LLP investigates whether Deciphera Pharmaceuticals, Inc. has obtained a Fair Price in its transaction with ONO Pharmaceutical Co.
Ademi LLP is investigating Deciphera  for possible breaches of fiduciary duty and other violations of law in its transaction with ONO....

at 10:29
The Government of Canada and the Government of Quebec announce more than $3,1 M for the multifunctional cultural centre in Beaconsfield
Francis Scarpaleggia, Member of Parliament for Lac-Saint-Louis, on behalf of the Honourable Sean Fraser, Minister of Housing, Infrastructure and Communities, and Karine Boivin Roy, Member for Anjou-Louis-Riel, on behalf of Mathieu Lacombe, Minister...

at 10:27
AI Supercomputing Market Growing at +21% CAGR as Industries Evolve Data Analysis
USA News Group News Commentary ? Numerous industries are making the shift towards using Artificial Intelligence (AI) supercomputers in leveraging powerful computing systems to address complex challenges, and analyze massive datasets. According to...

at 10:25
New members of the National Advisory Council on Poverty named today
Engaging with Canadians, including those with lived experience, is important for continually refining and adapting programs and policies to ensure that all Canadians have a real and fair chance to live a safe and prosperous life. This is why the...

at 10:20
96,726 square foot distribution facility in Edmonton nearing completion; now leasing
Rampart Business Park in Edmonton, Alberta, will soon be home to more than 96,700 additional square feet of distribution space.  Rampart III, a new, state-of-the-art industrial build within the park, is now leasing, with construction slated for...

More news about Business...


News published on and distributed by: