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

Canadian Life Companies Split Corp.

March 20, 2007 09:00 ET

Canadian Life Companies Split Corp.: Regular Monthly Dividend Declaration

TORONTO, ONTARIO--(CCNMatthews - March 20, 2007) - 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 10, 2007 to shareholders on record as of March 30, 2007.

Since inception Class A shareholders have received a total of $2.30 per share and Preferred shareholders have received a total of $1.03 per share inclusive of this distribution, for a combined total of $3.33.

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: March 28, 2007

Record Date: March 30, 2007

Payable Date: April 10, 2007


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