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Canadian Life Companies Split Corp. Preferred Dividend Declared

TORONTO, April 18, 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 May 10, 2018 to shareholders on record as at April 30, 2018.

Since inception Class A shareholders have received a total of $7.15 per share and Preferred shareholders have received a total of $7.43 per share inclusive of this distribution, for a combined total of $14.58 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:         April 27, 2018
           
Record Date:         April 30, 2018
           
Payable Date:         May 10, 2018
           


Investor Relations: 1‐877‐478‐2372
Local: 416‐304‐4443
www.lifesplit.com
info@quadravest.com

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