Canadian Life Companies Split Corp. Declares Monthly Dividend of $0.10 (TSE:LFE)

Canadian Life Companies Split Corp. (TSE:LFE – Get Free Report) announced a monthly dividend on Friday, May 29th, TickerTech Dividends reports. Shareholders of record on Wednesday, June 10th will be given a dividend of 0.10 per share on Wednesday, June 10th. This represents a c) dividend on an annualized basis and a yield of 15.2%. The ex-dividend date of this dividend is Friday, May 29th.

Canadian Life Companies Split Price Performance

TSE LFE opened at C$7.87 on Wednesday. Canadian Life Companies Split has a 12 month low of C$5.98 and a 12 month high of C$8.15. The stock has a market cap of C$130.27 million, a price-to-earnings ratio of 4.52 and a beta of 3.16. The company’s 50 day moving average is C$7.31 and its two-hundred day moving average is C$7.22. The company has a current ratio of 1.72, a quick ratio of 1.33 and a debt-to-equity ratio of 141.23.

Get Canadian Life Companies Split alerts:

About Canadian Life Companies Split

(Get Free Report)

The Companys investment objectives are (i) to provide holders of Preferred Shares with fixed cumulative preferential monthly cash dividends in the amount of $0.04375 per Preferred Share to yield 5.25% per annum on the original issue price (ii) to provide holders of Class A Shares with regular monthly cash distributions targeted to be $0.10 per Class A Share to yield 8.0% per annum on the original issue price and (iii) to return the original issue price to holders of both Preferred Shares and Class A Shares at the time of the redemption of such shares on December 1, 2012.

Further Reading

• Five stocks we like better than Canadian Life Companies Split
• The SpaceX IPO Frenzy Is Creating 2 Very Different Bets
• AI Can’t Reach the Real World Without These 3 Stocks
• Banks Are Buying Back Stock Hand Over Fist, Including These 3 Names
• 2 Aluminum Stocks Poised for Big Tariff-Related Gains

Receive News & Ratings for Canadian Life Companies Split Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Life Companies Split and related companies with MarketBeat.com's FREE daily email newsletter.