Le Lézard
Classified in: Business
Subject: DIVIDENDS

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


TORONTO, ONTARIO--(Marketwired - Nov. 20, 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 December 8, 2017 to shareholders on record as at November 30, 2017.

Since inception Class A shareholders have received a total of $6.95 per share and Preferred shareholders have received a total of $7.17 per share inclusive of this distribution, for a combined total of $14.12 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: November 29, 2017
 
Record Date: November 30, 2017
 
Payable Date: December 8, 2017

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