Canadian Life Companies Split Corp.: Monthly Dividend Declaration for
TORONTO, ONTARIO -- (Marketwire) -- 12/18/12 -- Canadian Life
Companies Split Corp. ("CLC Split") declares its monthly distribution
of $0.05208 for each Preferred share ($0.625 annually). Distributions
are payable January 10, 2013 to shareholders on record as of December
31, 2012. There will not be a distribution paid to the Class A shares
for December 31, 2012 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 $4.09
per share inclusive of this distribution, for a combined total of
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.
Preferred Share (LFE.PR.B) $0.05208
Ex-Dividend Date: December 27, 2012
Record Date: December 31, 2012
Payable Date: January 10, 2013
Canadian Life Companies Split Corp.
416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372)
Press spacebar to pause and continue. Press esc to stop.