Canadian Life Companies Split Corp.:Monthly Dividend Declaration for Preferred Shares
18 September 2013 - 11:00PM
Marketwired Canada
Canadian Life Companies Split Corp. ("CLC Split") declares its monthly
distribution of $0.05208 for each Preferred share ($0.625 annually).
Distributions are payable October 10, 2013 to shareholders on record as of
September 30, 2013. There will not be a distribution paid to the Class A shares
for September 30, 2013 as per the Prospectus which states no monthly dividends
or other distributions will be paid on the Class A shares in any month as long
as the net asset value per unit is equal to or less than $15.00.
Since inception Class A shareholders have received a total of $5.70 per share
and Preferred shareholders have received a total of $4.56 per share inclusive of
this distribution, for a combined total of $10.26.
CLC Split 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:
Preferred Share (LFE.PR.B) $0.05208
Ex-Dividend Date: September 26, 2013
Record Date: September 30, 2013
Payable Date: October 10, 2013
FOR FURTHER INFORMATION PLEASE CONTACT:
Investor Relations
416-304-4443 or toll free at 1-877-4-Quadra (1-877-478-2372)
www.lifesplit.com
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