Canadian Life Companies Split Corp.
TSX : LFE
TSX : LFE.PR.A

Canadian Life Companies Split Corp.

October 20, 2009 09:00 ET

Canadian Life Companies Split Corp.: Regular Monthly Dividend Declaration for Class A and Preferred Share

TORONTO, ONTARIO--(Marketwire Oct. 20, 2009) - Canadian Life Companies Split Corp. ("CLC Split") declares its regular monthly distribution of $0.10 for each Class A share ($1.20 annually) and $0.04375 for each Preferred share ($0.525 annually). Distributions are payable November 10, 2009 to shareholders on record as of October 30, 2009.

Since inception Class A shareholders have received a total of $4.80 per share and Preferred shareholders have received a total of $2.38 per share inclusive of this distribution, for a combined total of $7.18.

CLC Split invests in a portfolio of four publicly traded Canadian life insurance companies as follows: Great- West Life, Industrial Alliance, Manulife Financial and Sun Life Financial. Shares held within the portfolio are expected to range between 10-30% in weight but may vary at any time.

 Distribution Details: 
 Class A Share (LFE)                        $0.10000
 Preferred Share (LFE.PR.A)                        $0.04375
 Ex-Dividend Date:                        October 28, 2009
 Record Date:                        October 30, 2009
 Payable Date:                        November 10, 2009

Contact Information

  • Canadian Life Companies Split Corp.
    Investor Relations
    416-304-4443 or Toll Free: 1-877-4-Quadra (1-877-478-2372)
    www.lifesplit.com