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

Canadian Life Companies Split Corp.

March 18, 2010 09:00 ET

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

TORONTO, ONTARIO--(Marketwire - March 18, 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 April 9, 2010 to shareholders on record as of March 31, 2010.

Since inception Class A shareholders have received a total of $5.20 per share and Preferred shareholders have received a total of $2.60 per share inclusive of this distribution, for a combined total of $7.80.

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: March 29, 2010
Record Date: March 31, 2010
Payable Date: April 9, 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