TORONTO, Feb. 21, 2018 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.05208 for each Preferred share ($0.625 annually). Distributions are payable March 9, 2018 to shareholders on record as at February 28, 2018.
Since inception Class A shareholders have received a total of $7.15 per share and Preferred shareholders have received a total of $7.32 per share inclusive of this distribution, for a combined total of $14.47 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.
|Preferred Share (LFE.PR.B)||$0.05208|
|Ex-Dividend Date:||February 27, 2018|
|Record Date:||February 28, 2018|
|Payable Date:||March 9, 2018|
|Investor Relations: 1‐877‐478‐2372||Local: 416‐304‐email@example.com|