TORONTO, ONTARIO--(Marketwired - Aug. 18, 2017) - Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.05208 for each Preferred share ($0.625 annualized). Distributions are payable September 8, 2017 to shareholders on record as at August 31, 2017.

Since inception Class A shareholders have received a total of $6.75 per share and Preferred shareholders have received a total of $7.01 per share inclusive of this distribution, for a combined total of $13.76 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.