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TORONTO, Feb. 20, 2025 (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 $0.06000 for each Preferred share ($0.720 annualized). Distributions are payable March 10, 2025 to shareholders on record as at February 28, 2025.
Since inception Class A shareholders have received a total of $8.75 per share and Preferred shareholders have received a total of $12.21 per share inclusive of this distribution, for a combined total of $20.96 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 |
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| Class A Share (LFE) | $0.10000 |
| Preferred Share (LFE.PR.B) | $0.06000 |
| Record Date: | February 28, 2025 |
| Payable Date: | March 10, 2025 |
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