Canadian Life Companies Split Corp. Declares Class A & Preferred Share Dividend
/EINPresswire.com/ -- TORONTO, ONTARIO--(Marketwired - Nov 15, 2016) - 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 December 9, 2016 to shareholders on record as at November 30, 2016.
Since inception Class A shareholders have received a total of $6.05 per share and Preferred shareholders have received a total of $6.54 per share inclusive of this distribution, for a combined total of $12.59 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: | November 28, 2016 |
| Record Date: | November 30, 2016 |
| Payable Date: | December 9, 2016 |
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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