Canadian Life Companies Split Corp.: Declares Preferred Share Dividend
/EINPresswire.com/ -- TORONTO, ONTARIO -- (Marketwired) -- 06/20/16 -- Canadian Life Companies Split Corp (the "Company") declares its monthly distribution of $0.05208 for each Preferred share ($0.625 annualized). Distributions are payable July 8, 2016 to shareholders on record as of June 30, 2016.
Since inception Class A shareholders have received a total of $5.95 per share and Preferred shareholders have received a total of $6.28 per share inclusive of this distribution, for a combined total of $12.23.
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: June 28, 2016 Record Date: June 30, 2016 Payable Date: July 8, 2016 ----------------------------------------------------------------------------
Contacts:
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info@quadravest.com
www.lifesplit.com
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