Le Lézard
Classified in: Business
Subject: v

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


TORONTO, Feb. 20, 2020 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.05417 for each Preferred share ($0.650 annualized). Distributions are payable March 10, 2020 to shareholders on record as at February 28, 2020.

Since inception Class A shareholders have received a total of $7.45 per share and Preferred shareholders have received a total of $8.61 per share inclusive of this distribution, for a combined total of $16.06 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)$0.05417
Ex-Dividend Date:February 27, 2020
Record Date:February 28, 2020
Payable Date:March 10, 2020

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


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