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Canadian Life Companies Split Corp. Declares Class A & Preferred Share Dividend

TORONTO, Jan. 20, 2020 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.05417 for each Preferred share ($0.650 annualized). Distributions are payable February 10, 2020 to shareholders on record as at January 31, 2020.

Since inception Class A shareholders have received a total of $7.35 per share and Preferred shareholders have received a total of $8.55 per share inclusive of this distribution, for a combined total of $15.90 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)  $0.05417
Ex-Dividend Date: January 30, 2020
Record Date: January 31, 2020
Payable Date: February 10, 2020
   

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

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