Canadian Life Companies Split Corp. Preferred Dividend Declared
TORONTO, Jan. 17, 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 February 8, 2019 to shareholders on record as at January 31, 2019.
Since inception Class A shareholders have received a total of $7.15 per share and Preferred shareholders have received a total of $7.90 per share inclusive of this distribution, for a combined total of $15.05 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.
|Preferred Share (LFE.PR.B)||$0.05417|
|Ex-Dividend Date:||January 30, 2019|
|Record Date:||January 31, 2019|
|Payable Date:||February 8, 2019|