TORONTO, Sept. 18, 2019 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.05417 for each Preferred share ($0.650 annually). Distributions are payable October 10, 2019 to shareholders on record as at September 30, 2019.

Since inception Class A shareholders have received a total of $7.15 per share and Preferred shareholders have received a total of $8.33 per share inclusive of this distribution, for a combined total of $15.48 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.

Distribution Details  
Preferred Share (LFE.PR.B) $0.05417
Ex-Dividend Date: September 27, 2019
Record Date: September 30, 2019
Payable Date: October 10, 2019

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