Canadian Life Companies Split Corp.: Declares Class A and Preferred Share Dividend

TORONTO, ONTARIO--(Marketwired - Jan. 20, 2014) - Canadian Life Companies Split Corp (the "Company") declares its monthly distribution of $0.05 for each Class A share ($0.60 annually) and $0.04375 for each Preferred share ($0.525 annually). Distributions are payable February 10, 2014 to shareholders on record as of January 31, 2014.

Since inception Class A shareholders have received a total of $5.80 per share and Preferred shareholders have received a total of $4.77 per share inclusive of this distribution, for a combined total of $10.57.

The Company 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.