Canadian Life Companies Split Corp. Preferred Dividend Declared

·1 min read

TORONTO, June 18, 2021 (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 July 9, 2021 to shareholders on record as at June 30, 2021.

There will not be a distribution paid to the Class A Shares for June 30, 2021 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 $9.47 per share inclusive of this distribution, for a combined total of $16.92 per

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

Preferred Share (LFE.PR.B)

$0.05417

Ex-Dividend Date:

June 29, 2021

Record Date:

June 30, 2021

Payable Date:

July 9, 2021


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


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