Canadian Life Companies Split Corp. Preferred Dividend Declared
TORONTO, March 20, 2019 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.05417 for each Preferred share ($0.650 annually). Distributions are payable April 10, 2019 to shareholders on record as at March 29, 2019.
Since inception Class A shareholders have received a total of $7.15 per share and Preferred shareholders have received a total of $8.01 per share inclusive of this distribution, for a combined total of $15.16 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) | $0.05417 |
| Ex-Dividend Date: | March 28, 2019 |
| Record Date: | March 29, 2019 |
| Payable Date: | April 10, 2019 |
| Investor Relations: 1‐877‐478‐2372 | Local: 416‐304‐4443 | www.lifesplit.com | info@quadravest.com | |||
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