Canadian Life Companies Split Corp.: Monthly Dividend Declaration for Preferred
TORONTO, ONTARIO -- (Marketwire) -- 02/19/13 -- Canadian Life
Companies Split Corp. ("CLC Split") declares its monthly distribution
of $0.05208 for each Preferred share ($0.625 annually). Distributions
are payable March 8, 2013 to shareholders on record as of February
28, 2013. There will not be a distribution paid to the Class A shares
for February 28, 2013 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 $4.20
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: February 26, 2013
Record Date: February 28, 2013
Payable Date: March 8, 2013
Canadian Life Companies Split Corp.
416-304-4443 or Toll Free: 1-877-4-Quadra (1-877-478-2372)
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