TORONTO, March 20, 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 April 10, 2018 to shareholders on record as at March 29, 2018.
Since inception Class A shareholders have received a total of $7.15 per share and Preferred shareholders have received a total of $7.38 per share inclusive of this distribution, for a combined total of $14.53 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:||March 28, 2018|
|Record Date:||March 29, 2018|
|Payable Date:||April 10, 2018|
Source:Canadian Life Companies Split Corp.