Canadian Life Companies Split Corp. Declares Class A & Preferred Share Dividend
/EIN News/ -- TORONTO, April 21, 2025 (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 $0.05833 for each Preferred share ($0.700 annualized). Distributions are payable May 9, 2025 to shareholders on record as at April 30, 2025.
Since inception Class A shareholders have received a total of $8.95 per share and Preferred shareholders have received a total of $12.32 per share inclusive of this distribution, for a combined total of $21.27 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) | $0.05833 |
| Record Date: | April 30, 2025 |
| Payable Date: | May 9, 2025 |
| Investor Relations: 1-877-478-2372 | Local: 416-304-4443 | www.lifesplit.com | info@quadravest.com |
Distribution channels: Banking, Finance & Investment Industry ...
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