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

Canadian Life Companies Split Corp.

April 18, 2007 09:00 ET

Canadian Life Companies Split Corp.: Regular Monthly Dividend Declaration

TORONTO, ONTARIO--(CCNMatthews - April 18, 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 May 10, 2007 to shareholders on record as of April 30, 2007.

Since inception Class A shareholders have received a total of $2.40 per share and Preferred shareholders have received a total of $1.07 per share inclusive of this distribution, for a combined total of $3.47.

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: April 26, 2007

Record Date: April 30, 2007

Payable Date: May 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.lifesplit.com