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

Canadian Life Companies Split Corp.

March 19, 2008 09:00 ET

Canadian Life Companies Split Corp.: Regular Monthly Dividend Declaration

TORONTO, ONTARIO--(Marketwire - March 19, 2008) - 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, 2008 to shareholders on record as of March 31, 2008.

Since inception Class A shareholders have received a total of $3.50 per share and Preferred shareholders have received a total of $1.55 per share inclusive of this distribution, for a combined total of $5.05.

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 27, 2008

Record Date: March 31, 2008

Payable Date: April 10, 2008


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