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Canadian Life Companies Split Corp. is a closed-ended equity mutual fund launched and managed by Quadravest Capital Management Inc. It invests in the public equity markets of Canada. The fund seeks to invest in stocks of companies operating in the life insurance sector. It primarily invests in stocks of four publicly traded life insurance companies namely Great-West Lifeco Inc., Industrial Alliance Insurance and Financial Services Inc., Manulife Financial Corporation, and Sun Life Financial Inc. The fund employs fundamental analysis with a focus on such factors as a firm's earning history, relative price-earnings multiple, cash flow, dividend yield, market position, and growth prospects to create its portfolio. It benchmarks the performance of its portfolio against the S&P TSX Financial Index. Canadian Life Companies Split Corp. was formed on April 18, 2005 and is domiciled in Canada.

Canadian Life Companies Split Dividend Announcement

Canadian Life Companies Split announced a monthly dividend of C$0.10 per ordinary share which will be made payable on 2024-10-10. Ex dividend date: 2024-09-27
Canadian Life Companies Split annual dividend for 2024 was C$0.60
Canadian Life Companies Split's trailing twelve-month (TTM) dividend yield is 9.63%
Canadian Life Companies Split's payout ratio for the trailing twelve months (TTM) is 95.18%

Canadian Life Companies Split Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-27C$0.10monthly2024-10-10
2024-08-30C$0.10monthly2024-09-10
2024-07-31C$0.10monthly2024-08-09
2024-05-31C$0.10monthly2024-06-10
2024-03-27C$0.10monthly
2024-02-28C$0.10monthly
2022-06-29C$0.05monthly
2022-02-25C$0.10monthly2022-03-10
2022-01-28C$0.10monthly2022-02-10
2021-10-28C$0.05monthly2021-09-10
2020-12-30C$0.05monthly2021-01-08
2020-02-27C$0.10monthly2020-03-10
2020-01-30C$0.10monthly2020-02-10
2019-11-28C$0.10monthly2019-12-10
2018-01-30C$0.10monthly2018-02-09
2017-12-28C$0.10monthly2018-01-10
2017-11-29C$0.10monthly2017-12-08
2017-10-30C$0.10monthly2017-11-10
2017-08-29C$0.10monthly2017-09-08
2017-07-27C$0.10monthly2017-08-10
2017-04-26C$0.10monthly2017-05-10
2017-03-29C$0.10monthly2017-04-10
2017-02-24C$0.10monthly2017-03-10
2017-01-27C$0.10monthly2017-02-10
2016-12-28C$0.10monthly2017-01-10
2016-11-28C$0.10monthly2016-12-09
2016-09-28C$0.05monthly
2015-07-29C$0.05monthly2015-08-10
2015-06-26C$0.05monthly2015-07-10
2014-08-27C$0.05monthly
2014-05-28C$0.05monthly
2014-02-26C$0.05monthly2014-03-10
2014-01-29C$0.05monthly2014-02-10
2013-11-27C$0.05monthly2013-12-10
2011-05-27C$0.10monthly2011-06-10
2011-02-24C$0.10monthly2011-03-10
2011-01-27C$0.10monthly2011-02-10

Canadian Life Companies Split Dividend per year

Canadian Life Companies Split Dividend growth

Canadian Life Companies Split Dividend Yield

Canadian Life Companies Split current trailing twelve-month (TTM) dividend yield is 9.63%. Interested in purchasing Canadian Life Companies Split stock? Use our calculator to estimate your expected dividend yield:

Canadian Life Companies Split Financial Ratios

P/E ratio3.84
PEG ratio-0.20
P/B ratio1.42
ROE36.47%
Payout ratio95.18%
Current ratio1.47
Quick ratio0.01
Cash Ratio0.09

Canadian Life Companies Split Dividend FAQ

How much is the next Canadian Life Companies Split dividend?
Canadian Life Companies Split's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Canadian Life Companies Split dividend. The next Canadian Life Companies Split dividend will be released in .
When is Canadian Life Companies Split dividend paid?
Canadian Life Companies Split pays dividends on a monthly basis. The specific dates may vary each year but are generally around . However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Canadian Life Companies Split pay?
The specific amount of Canadian Life Companies Split dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Canadian Life Companies Split's dividend history.
Does Canadian Life Companies Split stock pay dividends?
Yes, Canadian Life Companies Split does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Canadian Life Companies Split's dividend history.
How much dividend does Canadian Life Companies Split pay?
Canadian Life Companies Split paid C$0.6 in 2024, C$0.0 in 2023, C$0.254 in 2022, C$0.054 in 2021, and C$0.254 in 2020.
How often does Canadian Life Companies Split pay dividends?
Canadian Life Companies Split typically pays dividends on a monthly basis. This means that dividends are usually distributed 12 times a year. The specific payout dates may vary each year but generally fall around .
What is Canadian Life Companies Split's dividend yield?
The current dividend yield for Canadian Life Companies Split is 9.63%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Canadian Life Companies Split's exact dividend yield.
When does Canadian Life Companies Split go ex dividend?
Canadian Life Companies Split's ex-dividend date for the latest dividend was on 2024-09-27. Canadian Life Companies Split typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Canadian Life Companies Split dividend paid?
Canadian Life Companies Split pays dividends on a monthly basis, typically around , but the exact dates can vary each year.
Will Canadian Life Companies Split increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Canadian Life Companies Split will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Canadian Life Companies Split dividend per share?
Canadian Life Companies Split paid C$0.6 per share in 2024 and C$0.0 per share in 2023. The amount of dividend per share that Canadian Life Companies Split pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Canadian Life Companies Split a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Canadian Life Companies Split a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Canadian Life Companies Split a dividend stock?
Yes, Canadian Life Companies Split is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Canadian Life Companies Split a good dividend stock?
Whether Canadian Life Companies Split is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Canadian Life Companies Split has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Canadian Life Companies Split as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Canadian Life Companies Split pay dividends monthly?
Canadian Life Companies Split typically pays dividends on a monthly basis.
Does Canadian Life Companies Split pay dividends quarterly?
Canadian Life Companies Split currently pays dividends on a monthly basis.
Has Canadian Life Companies Split ever paid a dividend?
Yes, Canadian Life Companies Split has a history of paying dividends to its shareholders. Canadian Life Companies Split is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Canadian Life Companies Split dividend stocks?
To buy Canadian Life Companies Split you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Canadian Life Companies Split stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Canadian Life Companies Split pay dividends 2024?
Canadian Life Companies Split pays dividends on a monthly basis. 2024 dividend payments are in 2024-10-10. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Canadian Life Companies Split increase its dividend in 2024?
Decisions regarding Canadian Life Companies Split dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Canadian Life Companies Split dividend overview you can look into the above table of dividend history.
How Canadian Life Companies Split dividend works?
The Canadian Life Companies Split dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Canadian Life Companies Split's dividend process works:

1. Determination of Dividend: Canadian Life Companies Split's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Canadian Life Companies Split publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Canadian Life Companies Split distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Canadian Life Companies Split are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Canadian Life Companies Split dividends paid?
Canadian Life Companies Split dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Canadian Life Companies Split sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Canadian Life Companies Split distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Canadian Life Companies Split declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Canadian Life Companies Split pay dividends?
Canadian Life Companies Split typically pays dividends on a monthly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Canadian Life Companies Split pay dividends?
The general pattern is that Canadian Life Companies Split pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Canadian Life Companies Split dividend safe?
The safety of Canadian Life Companies Split's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Canadian Life Companies Split's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Canadian Life Companies Split's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.