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Canadian Life Companies Split Corp. (LFE-PB.TO)
- GlobeNewswire
Canadian Life Companies Split Corp. Declares Class A & Preferred Share Dividend
TORONTO, Oct. 18, 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 November 8, 2024 to shareholders on record as at October 31, 2024. Since inception Class A shareholders have received a total of $8.35 per share and Preferred shareholders have received a total of $11.96 per share inclusive of this
- GlobeNewswire
Canadian Life Companies Split Corp. Increases Preferred Share Rate
TORONTO, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (the “Company”) is pleased to announce an increase in the Preferred Share dividend rate for the new six year term effective December 1, 2024. Payments will be made at the greater of 7.00% (previously 6.50%) or Prime plus 2% with a maximum of 9.00% (previously 8.00%) based on the $10.00 repayment value. The new distribution rate represents a potential increase of $0.10 per annum from the previous maximum rate. Preferr
