Canadian Life Companies Split Corp. Declares Class A &

Canadian Life Companies Split Corp. Declares Class A &

TORONTO, Feb. 16, 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 March 8, 2024 to shareholders on record as at February 29, 2024. 

Since inception Class A shareholders have received a total of $7.75 per share and Preferred shareholders have received a total of $11.42 per share inclusive of this distribution, for a combined total of $19.17 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  
   
Class A Share (LFE)  $0.10000
   
Preferred Share (LFE.PR.B) $0.06667
   
Record Date: February 29, 2024
   
Payable Date: March 8, 2024 
   

Investor Relations: 1-877-478-2372
Local: 416-304-4443
www.lifesplit.com
[email protected]

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