TORONTO, Aug. 20, 2024 (GLOBE NEWSWIRE) — 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 September 10, 2024 to shareholders on record as at August 30, 2024.
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.
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
| Class A Share (LFE)
Payable Date: |
$0.10000 $0.06667 August 30, 2024 September 10, 2024 |
Investor Relations: 1-877-478-2372 Local: 416-304-4443 www.lifesplit.com info@quadravest.com
