Canadian Life Companies Split Corp. Declares Class A & Preferred Share Dividend
TORONTO, July 17, 2024 (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 $0.06667 for each Preferred share ($0.800 annualized). Distributions are payable August 9, 2024 to shareholders on record as at July 31, 2024.
Since inception Class A shareholders have received a total of $8.05 per share and Preferred shareholders have received a total of $11.76 per share inclusive of this distribution, for a combined total of $19.81 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) | $0.06667 |
| Record Date: | July 31, 2024 |
| Payable Date: | August 9, 2024 |
| Investor Relations: 1-877-478-2372 | Local: 416-304-4443 | www.lifesplit.com | info@quadravest.com |
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