TORONTO, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.06667 for each Preferred share ($0.800 annually). Distributions are payable March 10, 2023 to shareholders on record as at February 28, 2023.

There will not be a distribution paid to the Class A Shares for February 28, 2023 as per the Prospectus which states no regular monthly dividends 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 $7.65 per share and Preferred shareholders have received a total of $10.62 per share inclusive of this distribution, for a combined total of $18.27 per unit. 

The Company invests in a portfolio of four publicly traded Canadian life insurance companies as follows: Great-West Lifeco Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife Financial Corporation and Sun Life Financial Inc. 

Distribution Details 
Preferred Share (LFE.PR.B)$0.06667
Record Date:February 28, 2023
Payable Date:March 10, 2023 

Investor Relations: 1-877-478-2372
Local: 416-304-4443
www.lifesplit.com
info@quadravest.com


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Source: Canadian Life Companies Split Corp.

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