CANADIAN LIFE COMPANIES SPLIT CORP. Declares Class A & Preferred Share Dividend
21-May-2025 09:00:15 EDT
CANADIAN LIFE COMPANIES SPLIT CORP. Declares Class A & Preferred Share Dividend
GlobeNewswire May 21, 2025
TORONTO, May 21, 2025 (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 $0.05833 for each Preferred share ($0.700 annualized). Distributions are payable June 10, 2025 to shareholders on record as at May 30, 2025.
Since inception Class A shareholders have received a total of $9.05 per share and Preferred shareholders have received a total of $12.38 per share inclusive of this distribution, for a combined total of $21.43 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.
