Canadian Life Companies Split Corp. Preferred Dividend Declared
TORONTO, Feb. 21, 2018 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.05208 for each Preferred share ($0.625 annually). Distributions are payable March 9, 2018 to shareholders on record as at February 28, 2018.
Since inception Class A shareholders have received a total of $7.15 per share and Preferred shareholders have received a total of $7.32 per share inclusive of this distribution, for a combined total of $14.47 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 | |
| Preferred Share (LFE.PR.B) | $0.05208 |
| Ex-Dividend Date: | February 27, 2018 |
| Record Date: | February 28, 2018 |
| Payable Date: | March 9, 2018 |
| Investor Relations: 1‐877‐478‐2372 | Local: 416‐304‐4443 | www.lifesplit.com | info@quadravest.com |
