Canadian Life Companies Split Corp. Preferred Dividend Declared
18 May 2022 - 11:00PM
Canadian Life Companies Split Corp. (The "Company") declares its
monthly distribution of $0.05417 for each Preferred share ($0.650
annually). Distributions are payable June 10, 2022 to shareholders
on record as at May 31, 2022.
There will not be a distribution paid to the Class A Shares for
May 31, 2022 as per the Prospectus which states no regular monthly
dividends 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
$7.65 per share and Preferred shareholders have received a total of
$10.07 per share inclusive of this distribution, for a combined
total of $17.72 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.
Distribution Details |
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Preferred Share (LFE.PR.B) |
$0.05417 |
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Record Date: |
May 31, 2022 |
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Payable
Date: |
June 10, 2022 |
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Investor Relations: 1-877-478-2372Local:
416-304-4443www.lifesplit.cominfo@quadravest.com
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