{"id":401900,"date":"2020-12-17T09:03:31","date_gmt":"2020-12-17T14:03:31","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=401900"},"modified":"2020-12-17T09:03:31","modified_gmt":"2020-12-17T14:03:31","slug":"canadian-life-companies-split-corp-preferred-dividend-declared-10","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/canadian-life-companies-split-corp-preferred-dividend-declared-10\/","title":{"rendered":"Canadian Life Companies Split Corp. Preferred Dividend Declared"},"content":{"rendered":"
\n

TORONTO, Dec. 17, 2020 (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 January 8, 2021 to shareholders on record as at December 31, 2020.<\/p>\n

There will not be a distribution paid to the Class A Shares for December 31, 2020 as per the Prospectus which states no regular monthly dividends will be paid on the Class A shares in any month as long as the net asset value per unit is equal to or less than $15.00.<\/p>\n

Since inception Class A shareholders have received a total of $7.45 per share and Preferred shareholders have received a total of $9.15 per share inclusive of this distribution, for a combined total of $16.60 per unit.<\/p>\n

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.<\/p>\n\n\n\n\n\n\n\n\n
\n
\n Distribution Details<\/strong>
\n <\/em>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Preferred Share (LFE.PR.B)<\/strong>\n <\/td>\n\u00a0<\/td>\n\n $0.05417<\/strong>\n <\/td>\n<\/tr>\n
\n Ex-Dividend Date:<\/strong>\n <\/td>\n\u00a0<\/td>\n\n December 30, 2020<\/strong>\n <\/td>\n<\/tr>\n
\n Record Date:<\/strong>\n <\/td>\n\u00a0<\/td>\n\n December 31, 2020<\/strong>\n <\/td>\n<\/tr>\n
\n Payable Date:<\/strong>\n <\/td>\n\u00a0<\/td>\n\n January 8, 2021<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

Investor Relations: 1-877-478-2372
Local: 416-304-4443
www.lifesplit.com<\/a>
info@quadravest.com<\/a><\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

TORONTO, Dec. 17, 2020 (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 January 8, 2021 to shareholders on record as at December 31, 2020. There will not be a distribution paid to the Class A Shares for December 31, 2020 as per the Prospectus which states no regular monthly dividends will be paid on the Class A shares in any month as long as the net asset value per unit is equal to or less than $15.00. Since inception Class A shareholders have received a total of $7.45 per share and Preferred shareholders have received a total of $9.15 per share inclusive of … <\/p>\n

Continue reading “Canadian Life Companies Split Corp. Preferred Dividend Declared”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-401900","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCanadian Life Companies Split Corp. Preferred Dividend Declared - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/canadian-life-companies-split-corp-preferred-dividend-declared-10\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Canadian Life Companies Split Corp. 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