Canadian Life Companies Split Corp. Announces Dividend
Canadian Life Companies Split Corp. (the "Company") has declared its monthly distribution of $0.10000 for each Class A share, which amounts to an annualized total of $1.20. For Preferred shares, the distribution is set at $0.06667, translating to an annualized total of $0.800. These distributions will be paid to shareholders on record.
Distribution Summary
Since the Company’s inception, Class A shareholders have received a cumulative total of $8.15 per share. Meanwhile, Preferred shareholders have received $11.82 per share, bringing the overall total to $19.97 per unit.
Investment Portfolio
The Company maintains a diverse portfolio consisting of four publicly traded Canadian life insurance firms. These include Great-West Lifeco Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife Financial Corporation, and Sun Life Financial Inc.
Distribution Information
Below are the specifics regarding the distributions for both Class A and Preferred shares:
Dividends for Class A and Preferred Shares
Class A Share Dividend: $0.10000
Preferred Share Dividend: $0.06667
Record Date: Shareholders should verify their respective records for the details.
Frequently Asked Questions
What is the amount of the dividend declared by Canadian Life Companies Split Corp.?
The declared dividend is $0.10000 for each Class A share and $0.06667 for each Preferred share.
When are the distributions payable?
The distributions will be payable on the designated record date for shareholders.
How have past distributions for shareholders been?
Since inception, Class A shareholders have received a total of $8.15 per share, while Preferred shareholders have received $11.82 per share.
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 reach out directly to the company’s investor relations for additional information.
