TORONTO, ONTARIO, Jan. 20, 2010 (Marketwire) -- Canadian Life Companies Split Corp. ("CLC Split") declares its regular monthly distribution of $0.10 for each Class A share ($1.20 annually) and $0.04375 for each Preferred share ($0.525 annually). Distributions are payable February 10, 2010 to shareholders on record as of January 29, 2010.
Since inception Class A shareholders have received a total of $5.00 per share and Preferred shareholders have received a total of $2.51 per share inclusive of this distribution, for a combined total of $7.51.
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.
Class A Share (LFE) $0.10000
Preferred Share (LFE.PR.A) $0.04375
Ex-Dividend Date: January 27, 2010
Record Date: January 29, 2010
Payable Date: February 10, 2010