TORONTO, ONTARIO--(Marketwired - Mar 20, 2017) - Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.05208 for each Preferred share ($0.625 annualized). Distributions are payable April 10, 2017 to shareholders on record as at March 31, 2017.
Since inception Class A shareholders have received a total of $6.45 per share and Preferred shareholders have received a total of $6.75 per share inclusive of this distribution, for a combined total of $13.20 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.
|Class A Share (LFE)||$0.10000|
|Preferred Share (LFE.PR.B)||$0.05208|
|Ex-Dividend Date:||March 29, 2017|
|Record Date:||March 31, 2017|
|Payable Date:||April 10, 2017|