Canadian Life Companies Split Corp.: Monthly Dividend Declaration for Preferred Shares
July 18 2013 - 9:00AM
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 August 9, 2013 to shareholders on record as of July
31, 2013. There will not be a distribution paid to the Class A shares for July
31, 2013 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 $4.46 per share inclusive of
this distribution, for a combined total of $10.16.
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: July 29, 2013
Record Date: July 31, 2013
Payable Date: August 9, 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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