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A service for banking industry professionals · Tuesday, December 24, 2024 · 771,496,880 Articles · 3+ Million Readers

Canadian Life Companies Split Corp. Declares Class A & Preferred Share Dividend

/EIN News/ -- TORONTO, Dec. 19, 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 $0.06208 for each Preferred share ($0.745 annualized). Distributions are payable January 10, 2025 to shareholders on record as at December 31, 2024.

Since inception Class A shareholders have received a total of $8.55 per share and Preferred shareholders have received a total of $12.09 per share inclusive of this distribution, for a combined total of $20.64 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)  $0.06208 
   
Record Date:  December 31, 2024 
   
Payable Date:  January 10, 2025 


Investor Relations: 1-877-478-2372 Local: 416-304-4443  www.lifesplit.com  info@quadravest.com 

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