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

Canadian Life Companies Split Corp.

May 18, 2011 09:00 ET

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

TORONTO, ONTARIO--(Marketwire - May 18, 2011) - Canadian Life Companies Split Corp. ("CLC Split") declares its regular monthly distribution of $0.10 for each Class A share ($1.20 annually) and of $0.04375 for each Preferred share ($0.525 annually). Distributions are payable June 10, 2011 to shareholders on record as of May 31, 2011.

Since inception Class A shareholders have received a total of $5.70 per share and Preferred shareholders have received a total of $3.21 per share inclusive of this distribution, for a combined total of $8.91.

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:May 27, 2011
Record Date:May 31, 2011
Payable Date:June 10, 2011

Contact Information

  • Canadian Life Companies Split Corp.
    Investor Relations
    416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372)
    www.lifesplit.com