Canadian Life Companies Split Corp. Declares Class A & Preferred Share Dividend
TORONTO, Feb. 20, 2025 (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 $0.06000 for each Preferred share ($0.720 annualized). Distributions are payable March 10, 2025 to shareholders on record as at February 28, 2025.
Since inception Class A shareholders have received a total of $8.75 per share and Preferred shareholders have received a total of $12.21 per share inclusive of this distribution, for a combined total of $20.96 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) | $0.06000 |
| Record Date: | February 28, 2025 |
| Payable Date: | March 10, 2025 |
Investor Relations: 1-877-478-2372
Local: 416-304-4443
www.lifesplit.com
info@quadravest.com
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
