/EINPresswire.com/ -- TORONTO, ONTARIO -- (Marketwired) -- 08/17/16 -- Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.05208 for each Preferred share ($0.625 annually). Distributions are payable September 9, 2016 to shareholders on record as at August 31, 2016.

Since inception Class A shareholders have received a total of $5.95 per share and Preferred shareholders have received a total of $6.39 per share inclusive of this distribution, for a combined total of $12.34 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.

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Distribution Details

Preferred Share (LFE.PR.B)                       $0.05208

Ex-Dividend Date:                         August 29, 2016

Record Date:                              August 31, 2016

Payable Date:                           September 9, 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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