Canadian Life Companies Split Corp
OTC Pink - Current Information:CLSPFView on Canadian Exchange

  • LAST PRICE
    4.1800
  • TODAY'S CHANGE (%)
    0.0000 (0.0000%)
  • Bid / Lots
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  • Ask / Lots
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  • Open / Previous Close
    --- / 4.1800
  • Day Range
    ---
  • 52 Week Range
    2.7200
    4.1800
  • Volume
    ---

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  • Sep 18, 2024

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    • 4:29PM ET on Wednesday Sep 18, 2024 by Dow Jones
      Companies Mentioned: LFE

      Canadian Life Companies Split Corp. Increases Preferred Share Rate

      TORONTO, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (the "Company") is pleased to announce an increase in the Preferred Share dividend rate for the new six year term effective December 1, 2024. Payments will be made at the greater of 7.00% (previously 6.50%) or Prime plus 2% with a maximum of 9.00% (previously 8.00%) based on the $10.00 repayment value. The new distribution rate represents a potential increase of $0.10 per annum from the previous maximum rate. Preferred shareholders have received a total of $11.82 per share in distributions since inception. The dividend policy for the Class A Shares will remain at the current targeted rate of $0.10 per month, or $1.20 per annum.

    • 9:00AM ET on Wednesday Sep 18, 2024 by Dow Jones
      Companies Mentioned: LFE

      Canadian Life Companies Split Corp. Declares Class A & Preferred Share Dividend

      TORONTO, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (the "Company") declares its monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.06667 for each Preferred share ($0.800 annualized). Distributions are payable October 10, 2024 to shareholders on record as at September 30, 2024.

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