TORONTO, Aug. 22, 2019 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.05417 for each Preferred share ($0.650 annually). Distributions are payable September 10, 2019 to shareholders on record as at August 30, 2019.
Since inception Class A shareholders have received a total of $7.15 per share and Preferred shareholders have received a total of $8.28 per share inclusive of this distribution, for a combined total of $15.43 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 |
|Preferred Share (LFE.PR.B)||$0.05417|
|Ex-Dividend Date:||August 29, 2019|
|Record Date:||August 30, 2019|
|Payable Date:||September 10, 2019 |