LFE.PR.A: Dividends on Capital Units Reinstated

Canadian Life Companies Split Corp. has announced:

its regular monthly distribution of $0.10 for each Class A share ($1.20 annually) and $0.04375 for each Preferred share ($0.525 annually). Distributions are payable August 10, 2009 to shareholders on record as of July 31, 2009.

A surprising lack of fanfare in this announcement – dividends to the Capital Units were suspended in December but the NAV has recovered to $15.26 as of July 15.

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