Canadian Life Companies Split Corp. Preferred Dividend Declared
TORONTO, Dec. 18, 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 January 10, 2020 to shareholders on record as at December 31, 2019.
Since inception Class A shareholders have received a total of $7.25 per share and Preferred shareholders have received a total of $8.50 per share inclusive of this distribution, for a combined total of $15.75 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: | December 30, 2019 |
| Record Date: | December 31, 2019 |
| Payable Date: | January 10, 2020 |
Investor Relations: 1-877-478-2372
Local: 416-304-4443
www.lifesplit.com
info@quadravest.com
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