February 16, 2017 16:00 ET
TORONTO, ONTARIO--(Marketwired - Feb. 16, 2017) - Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.05208 for each Preferred share ($0.625 annualized). Distributions are payable March 10, 2017 to shareholders on record as at February 28, 2017.
Since inception Class A shareholders have received a total of $6.35 per share and Preferred shareholders have received a total of $6.70 per share inclusive of this distribution, for a combined total of $13.05 per unit.
The Company invests in a portfolio of four publicly traded Canadian life insurance companies as follows: Great-West Lifeco Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife Financial Corporation and Sun Life Financial Inc.
Canadian Life Companies Split Corp.Investor Relations:1-877-478-2372Local: firstname.lastname@example.org
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