Canadian Life Companies Split Corp. Declares Class A & Preferred Share Dividend
/EINPresswire.com/ -- TORONTO, ONTARIO--(Marketwired - Feb 16, 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 March 10, 2017 to shareholders on record as at February 28, 2017.
Since inception Class A shareholders have received a total of $6.35 per share and Preferred shareholders have received a total of $6.70 per share inclusive of this distribution, for a combined total of $13.05 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: | February 24, 2017 |
| Record Date: | February 28, 2017 |
| Payable Date: | March 10, 2017 |
Canadian Life Companies Split Corp.
Investor Relations:
1-877-478-2372
Local: 416-304-4443
info@quadravest.com
www.lifesplit.com
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