TORONTO, March 19, 2025 (GLOBE NEWSWIRE) — Canadian Life Companies Split Corp. (the “Company”) has announced its monthly distributions for shareholders.
Class A shareholders will receive a distribution of $0.10000 per share, equating to $1.20 annualized. Preferred shareholders will receive $0.05833 per share, or $0.700 annualized.
Distributions are scheduled to be paid on April 10, 2025, to shareholders of record as of March 31, 2025.
Since its inception, Class A shareholders have received a total of $8.85 per share, while Preferred shareholders have received $12.27 per share, including this distribution. This represents a combined total of $21.12 per unit.
The Company’s investment portfolio consists of four publicly traded Canadian life insurance companies: 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): $0.05833
- Record Date: March 31, 2025
- Payable Date: April 10, 2025
Investor Relations:
- 1-877-478-2372
- Local: 416-304-4443
- www.lifesplit.com
- [email protected]
