/EINPresswire.com/ -- TORONTO, ONTARIO -- (Marketwired) -- 07/20/16 -- Canadian Life Companies Split Corp. (the "Company") declares its monthly distribution of $0.05208 for each Preferred share ($0.625 annualized). Distributions are payable August 10, 2016 to shareholders on record as of July 29, 2016.

Since inception Class A shareholders have received a total of $5.95 per share and Preferred shareholders have received a total of $6.33 per share inclusive of this distribution, for a combined total of $12.28.

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.

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Distribution Details:
Preferred Share (LFE.PR.B)         $0.05208
Ex-Dividend Date:                  July 27, 2016
Record Date:                       July 29, 2016
Payable Date:                      August 10, 2016
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Contacts:
Investor Relations
1-877-478-2372
Local: 416-304-4443
www.lifesplit.com
info@quadravest.com

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