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:
Investor Relations
416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372)
www.lifesplit.com