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

Canadian Life Companies Split Corp.

October 18, 2006 09:00 ET

Canadian Life Companies Split Corp: Regular Monthly Dividend Declaration

TORONTO, ONTARIO--(CCNMatthews - Oct. 18, 2006) - 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 November 10, 2006 to shareholders on record as of October 31, 2006.

Since inception Class A shareholders have received a total of $1.80 per share and Preferred shareholders have received a total of $0.81 per share inclusive of this distribution, for a combined total of $2.61.

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): $0.10

Preferred Share (LFE.PR.A) $0.04375

Ex-Dividend Date: October 27, 2006

Record Date: October 31, 2006

Payable Date: November 10, 2006


Contact Information

  • Canadian Life Companies Split Corp.
    Investor Relations
    (416) 304-4443 or Toll Free: 1-877-4-Quadra (1-877-478-2372)
    Website: www.quadravest.com