Canadian Life Companies Split Corp. Declares Dividend
Canadian Life Companies Split Corp. Declares Dividend
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 to shareholders on record.
Distribution Overview
Since inception, Class A shareholders have received a total of $8.15 per share, and Preferred shareholders have received a total of $11.82 per share inclusive of this distribution, for a combined total of $19.97 per unit.
Investment Portfolio
The Company invests in a portfolio of four publicly traded Canadian life insurance companies. These include Great-West Lifeco Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife Financial Corporation, and Sun Life Financial Inc.
Distribution Details
The details of the distributions for Class A and Preferred shares are outlined below:
Class A and Preferred Share Dividends
Class A Share Dividend: $0.10000
Preferred Share Dividend: $0.06667
Record Date: Shareholders are advised to check their respective records for the details.
Frequently Asked Questions
What is the amount of the dividend declared by Canadian Life Companies Split Corp.?
The dividend declared is $0.10000 for each Class A share and $0.06667 for each Preferred share.
When are the distributions payable?
The distributions are payable on the specified record date for shareholders.
How have past distributions for shareholders been?
Class A shareholders have received a total of $8.15 per share and Preferred shareholders $11.82 per share since inception.
Which companies does Canadian Life Companies Split Corp. invest in?
The Company invests in Great-West Lifeco Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife Financial Corporation, and Sun Life Financial Inc.
How can investors get more information about the company?
Investors can contact the company directly through their investor relations for further information.
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