Canadian Life Companies Split Corp. Declares Class A and Preferred Share Dividend
February 19 2014 - 5:02PM
Marketwired
Canadian Life Companies Split Corp. Declares Class A and Preferred
Share Dividend
TORONTO, ONTARIO--(Marketwired - Feb 19, 2014) - Canadian Life
Companies Split Corp. (the "Company") declares its monthly
distribution of $0.05 for each Class A share ($0.60 annually) and
$0.05208 for each Preferred share ($0.625 annually). Distributions
are payable March 10, 2014 to shareholders on record as of February
28, 2014.
Since inception
Class A shareholders have received a total of $5.85 per share and
Preferred shareholders have received a total of $4.82 per share
inclusive of this distribution, for a combined total of $10.67.
The Company invests
in a portfolio of four publicly traded Canadian life insurance
companies as follows: Great-West Life, Industrial Alliance,
Manulife Financial and Sun Life Financial. Shares held within the
portfolio are expected to range between 10-30% in weight but may
vary at any time.
Distribution Details: |
Class
A Share (LFE) |
$0.05 |
Preferred Share (LFE.PR.B) |
$0.05208 |
Ex-Dividend Date: |
February 26, 2014 |
Record Date: |
February 28, 2014 |
Payable Date: |
March
10, 2014 |
Canadian Life Companies Split Corp.Investor
Relations416-304-4443 or Toll Free: 1-877-4-Quadra
(1-877-478-2372)www.lifesplit.com
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