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Subjects: STOCK/OTHER MARKET NEWS, v

Canadian Life Companies Split Corp. Preferred Dividend Declared


TORONTO, March 20, 2018 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.05208 for each Preferred share ($0.625 annually). Distributions are payable April 10, 2018 to shareholders on record as at March 29, 2018.

Since inception Class A shareholders have received a total of $7.15 per share and Preferred shareholders have received a total of $7.38 per share inclusive of this distribution, for a combined total of $14.53 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 
  
Preferred Share (LFE.PR.B)$0.05208
  
Ex-Dividend Date:March 28, 2018
  
Record Date:March 29, 2018
  
Payable Date:April 10, 2018
  

Investor Relations: 1?877?478?2372                         
Local: 416?304?4443                     
www.lifesplit.com                       
[email protected]


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