Canadian Life Companies Split Corp. Preferred Dividend Declared
TORONTO, Jan. 18, 2024 (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 February 9, 2024 to shareholders on record as at January 31, 2024.
There will not be a distribution paid to the Class A Shares for January 31, 2024 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 $11.36 per share inclusive of this distribution, for a combined total of $19.01 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.
Daniels Manufacturing Corporation® (DMC®) is proud to announce the successful acquisition of MCD-Tools GmbH, a leading tool distribution and repair company based near Frankfurt, Germany. DMC's acquisition of MCD-Tools allows DMC to form DMC Europe...
Visure Solutions, Inc., a leader in requirements management and ALM solutions, has forged a strategic partnership with Electra IC to bolster its presence in Türkiye and the Middle East. This collaboration targets enhancing capabilities in DO-254...
Performance Brokerage Services, North America's highest volume dealership brokerage firm, advises DeYarman Automotive Group on the purchase of Deery of Ames Chrysler Dodge Jeep Ram in Ames, Iowa from Mark Chasey.
"It was a pleasure working with...
Fastmarkets, a leading cross-commodity price-reporting agency (PRA), is excited to announce that Bloomberg Index Services Limited has introduced new indices utilizing FASTMARKETS' commodity pricing. These indices track the performance of lithium and...
Scorpios, the renowned beach concept and creative gathering place, in partnership with art tech pioneers HOFA Gallery, announces 'Evolving Perspectives' the second edition of their Encounters summer arts programme. Running from 18 July to 18...
LG Innotek (CEO Moon Hyuksoo) is poised to accelerate growth in the vehicle sensing solution business by leveraging its leading-edge optical technology...
