Canadian Life Companies Split Corp.: Monthly Dividend Declaration for Preferred Shares
December 18 2012 - 4:18PM
Marketwired Canada
Canadian Life Companies Split Corp. ("CLC Split") declares its monthly
distribution of $0.05208 for each Preferred share ($0.625 annually).
Distributions are payable January 10, 2013 to shareholders on record as of
December 31, 2012. There will not be a distribution paid to the Class A shares
for December 31, 2012 as per the Prospectus which states no monthly dividends or
other distributions will be paid on the Class A shares in any month as long as
the net asset value per unit is equal to or less than $15.00.
Since inception Class A shareholders have received a total of $5.70 per share
and Preferred shareholders have received a total of $4.09 per share inclusive of
this distribution, for a combined total of $9.79.
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:
Preferred Share (LFE.PR.B) $0.05208
Ex-Dividend Date: December 27, 2012
Record Date: December 31, 2012
Payable Date: January 10, 2013
FOR FURTHER INFORMATION PLEASE CONTACT:
Canadian Life Companies Split Corp.
Investor Relations
416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372)
www.lifesplit.com
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