February 19, 2014 17:02 ET
TORONTO, ONTARIO--(Marketwired - Feb. 19, 2014) - Canadian Life Companies Split Corp. (the "Company") declares its monthly distribution of $0.05 for each Class A share ($0.60 annually) and $0.05208 for each Preferred share ($0.625 annually). Distributions are payable March 10, 2014 to shareholders on record as of February 28, 2014.
Since inception Class A shareholders have received a total of $5.85 per share and Preferred shareholders have received a total of $4.82 per share inclusive of this distribution, for a combined total of $10.67.
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.
Canadian Life Companies Split Corp.Investor Relations416-304-4443 or Toll Free: 1-877-4-Quadra (1-877-478-2372)www.lifesplit.com
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