LFE Canadian Life Companies Split Class A Share
In this page I have compiled the information which allows you to evaluate LFE Canadian Life Companies Split Class A Share, based on the latest stock information available. Our goal is to provide you with the information and metrics related to the Class A shares of this split-corporation. Your goal is to determine if this issue meets your requirements. These tools will expedite and aid the selection process. Given all the data available here, an informed decision is within reach.
In a market with low volumes you can use this information to identify mispriced shares.
Canadian Life Companies Split Corp Brief Overview
Visit the Canadian Life Companies Split Corp company website to see the preferred share prospectus, news and other information.
Sector: Split Share
Main Features of this Spit Share Instrument:
- Canadian Life Companies Split Corp. is a portfolio consisting of four publicly traded Canadian Life Insurance Companies.
- Core Holding: Great-West Lifeco Inc., iA Financial Corporation Inc., Manulife Financial Corporation, Sunlife Financial Inc.
Canadian Life Companies Split Corp offers two type of shares,
- (i) Class A shares: to provide holders of the Class A Shares with monthly cash dividends as the directors of the Company may from time to time determine, and; on or about December 1, 2024 (subject to further 6 year extensions thereafter) to pay the holders of Class A Shares such amounts as remain after paying the holders of the Preferred shares the amounts owing to them.
- Preferred Shares: to provide holders of the Class A Shares with monthly cash dividends as the directors of the Company may from time to time determine, and; on or about December 1, 2024 (subject to further 6 year extensions thereafter) to pay the holders of Class A Shares such amounts as remain after paying the holders of the Preferred shares the amounts owing to them.
The latest information and statistics on their common stock LFE, can be easily accessed using websites like TMX Money.
Canadian Life Companies Split Corp Credit Rating
The latest credit rating for Canadian Life Companies Split Corp are listed in the table below. For additional information on credit rating agencies and codes see our article Credit Rating Symbols.
| S&P Corporate | S&P Preferreds | DBRS Long Term | DBRS Preferreds | S&P Global Corporate | S&P Global Preferreds | Moody's LongTerm |
|---|
Canadian Life Companies Split Corp Class A Share Metrics
| Symbol: TSE:LFE | Price: $6.64 | Currency: CAD | Name: Canadian Life Companies Split | : | Dividend: $0.0125 | Target Yield: 8.00% | Current Yield: 2.26% | Dividend Pay Frequency: Monthly | : | Current NAV: $13.15 | NAV As Of Date: 2023-10-31 | NAV Threshold: $15.00 | Class A Only NAV: N/A | Class A Issue Price: $15.00 | Variable Dividend: Y | Outstanding Float: 11,624,001 | Total Distributions: $18.81 | Class A Only Distributions: N/A | Issuer Name: Quadravest |
LFE Net Asset Value vs Threshold over time
The graph below shows relation between the Split Share Net Asset Value and the dividend payout threshold for split shares ( LFE ) over time. Place the mouse cursor over the graph to reveal data like (date, Split Share price detail).Keep in mind if the share price of any of these split shares fall below the threshold of $15.00, the dividend will not be paid out.
LFE Current Yield over time
The graph below shows the Current Yield of the Class A share ( LFE ) over time. Place the mouse cursor over the graph to reveal data like (date, Split Share price detail).Keep in mind if the share price of any of these split shares fall below the threshold, the dividend will not be paid out.
LFE Class A of Split Share Stock Short Position over time
The graph below shows the short position for LFE Class A share over time. Place the mouse cursor over the graph to reveal data like (date, short position detail).Currently the outstanding float for LFE is 13,352,194 and the latest short position is 72,632. Thus the current short position is 0.5400% of the outstanding float.