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Canadian Life Companies Split Corp. Class A ( (TSE:LFE) ) has provided an update.
Canadian Life Companies Split Corp. has announced its monthly distribution for both Class A and Preferred shares, with Class A shares receiving $0.10000 per share and Preferred shares receiving $0.06208 per share. This announcement, reflecting the company’s continuous distribution strategy, brings the total received by Class A shareholders to $8.65 and Preferred shareholders to $12.15, marking a combined total of $20.80 per unit since the company’s inception, highlighting its stable return on investment for stakeholders.
More about Canadian Life Companies Split Corp. Class A
Canadian Life Companies Split Corp. is a financial company that invests in a portfolio of four publicly traded Canadian life insurance companies, including Great-West Lifeco Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife Financial Corporation, and Sun Life Financial Inc. The company focuses on generating returns for its shareholders through investments in the insurance sector.
YTD Price Performance: -8.70%
Average Trading Volume: 67,219
Technical Sentiment Consensus Rating: Strong Sell
For a thorough assessment of LFE stock, go to TipRanks’ Stock Analysis page.
