Rank Brompton Lifeco Split Corp Preferreds
This compare tool allows you to Rank Brompton Lifeco Split Corp Preferreds, based on the latest stock information available. Our goal is to provide you with the information and metrics related to the Brompton Lifeco Split Corp preferreds. Your goal is to establish which preferred will provide you the best returns. If you are buying today, 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. Since all preferreds belong to the same issuer, the risk is the same for all of them.
Brompton Lifeco Split Corp Brief Overview
Visit the Brompton Lifeco Split Corp company website to see the preferred share prospectus, news and other information.
Sector: Split Share
Main Features of this Spit Share Instrument:
- Brompton Lifeco Split Corp. is an Instrument investing in common shares Approximately equal weight portfolio of common shares of Canadas four largest publicly-listed life insurance companies (LifeCos).
- LifeCos have historically delivered strong positive returns during periods of rising long term interest rates
- Preferrreds: 5-year term, subject to extension for periods of up to five years, as determined by the board of directors
- Preferrreds: Quarterly cumulative preferred distributions (primarily eligible Canadian dividends)
- Preferrreds: Dividend resets at end-of-term extension, based on comparable market yields, without complicated reset formulas
- Preferrreds: Shareholders option to redeem at end-of-term, with no restrictions.
Brompton Lifeco Split Corp offers two type of shares,
- Class A shares that pay monthly distributions representing a yield of 13.35%(Aug 28, 2021 based on Unit Price $6.74) per annum and 6.00% based on the issue price of $15
- Preferred shares that pay a quarterly distribution representing a yield of 6.07% per annum on the issue price of $10.00
The latest information and statistics on their common stock LCS, can be easily accessed using websites like TMX Money.Dividend Payment Schedule: 2023FEB02 , 2022MAY14 , 2022AUG17 , 2022NOV13 Ex Dividend Date Schedule: 2023JAN30 , 2022APR29 , 2022JUL30 , 2022OCT29
Brompton Lifeco Split Corp Credit Rating
The latest credit rating for Brompton Lifeco 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||Fitch Long Term||Fitch Short Term||PFD-3L|
Rank Brompton Lifeco Split Corp Preferreds - Compare Tool.
The following metrics are now only available on the premium version of this tool:
- Reset Date.
- Reset (Yield | Dividend).
- Blended (Yield | Dividend).
- Rate Change Percent. Reflects the effect or the current price on the issue rate of the preferred. Here you see the effective new rate of the share due to its drop or rise of its share value
- Rate Change To Value.
- New Spread Change.
- New Spread Value.
- Short Position. If there is a short position on the preferred this shows the size of the short position
- Additional Features.
- Years To Double Initial Investment.
- Outstanding float.
- Market Cap In Bilions. The company Market Cap.
- Common Stock P/E Ratio.
- Common Stock P/B Ratio.
- Common Stock Yield.
- Graph of all preferred share yields
- Propsectus Information