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 |