TORONTO, ONTARIO--(Marketwired - Aug. 17, 2016) - Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.05208 for each Preferred share ($0.625 annually). Distributions are payable September 9, 2016 to shareholders on record as at August 31, 2016.

Since inception Class A shareholders have received a total of $5.95 per share and Preferred shareholders have received a total of $6.39 per share inclusive of this distribution, for a combined total of $12.34 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) $0.05208
Ex-Dividend Date: August 29, 2016
Record Date: August 31, 2016
Payable Date: September 9, 2016

Contact Information:

Investor Relations
Local: 416-304-4443