Canadian Life Companies Split Corp. Preferred Dividend Declared
TORONTO, July 18, 2018 (GLOBE NEWSWIRE) — Canadian Life Companies Split Corp. (The “Company”) declares its monthly distribution of $0.05208 for each Preferred share ($0.625 annually). Distributions are payable August 10, 2018 to shareholders on record as at July 31, 2018.
Since inception Class A shareholders have received a total of $7.15 per share and Preferred shareholders have received a total of $7.58 per share inclusive of this distribution, for a combined total of $14.73 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)
July 30, 2018
July 31, 2018
August 10, 2018