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

Canadian Life Companies Split Corp.

January 20, 2010 09:00 ET

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

TORONTO, ONTARIO--(Marketwire - Jan. 20, 2010) - 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 February 10, 2010 to shareholders on record as of January 29, 2010.

Since inception Class A shareholders have received a total of $5.00 per share and Preferred shareholders have received a total of $2.51 per share inclusive of this distribution, for a combined total of $7.51.

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:                        January 27, 2010
Record Date:                        January 29, 2010
Payable Date:                        February 10, 2010

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