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 2024-12-10. Ex dividend date: 2024-11-29
• Canadian Life Companies Split annual dividend for 2024 was C$0.80
• 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 76.27%
Canadian Life Companies Split Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-29 | C$0.10 | monthly | 2024-12-10 |
2024-10-31 | C$0.10 | monthly | 2024-11-08 |
2024-09-27 | C$0.10 | monthly | 2024-10-10 |
2024-08-30 | C$0.10 | monthly | 2024-09-10 |
2024-07-31 | C$0.10 | monthly | 2024-08-09 |
2024-05-31 | C$0.10 | monthly | 2024-06-10 |
2024-03-27 | C$0.10 | monthly | |
2024-02-28 | C$0.10 | monthly | |
2022-06-29 | C$0.05 | monthly | |
2022-02-25 | C$0.10 | monthly | 2022-03-10 |
2022-01-28 | C$0.10 | monthly | 2022-02-10 |
2021-10-28 | C$0.05 | monthly | 2021-09-10 |
2020-12-30 | C$0.05 | monthly | 2021-01-08 |
2020-02-27 | C$0.10 | monthly | 2020-03-10 |
2020-01-30 | C$0.10 | monthly | 2020-02-10 |
2019-11-28 | C$0.10 | monthly | 2019-12-10 |
2018-01-30 | C$0.10 | monthly | 2018-02-09 |
2017-12-28 | C$0.10 | monthly | 2018-01-10 |
2017-11-29 | C$0.10 | monthly | 2017-12-08 |
2017-10-30 | C$0.10 | monthly | 2017-11-10 |
2017-08-29 | C$0.10 | monthly | 2017-09-08 |
2017-07-27 | C$0.10 | monthly | 2017-08-10 |
2017-04-26 | C$0.10 | monthly | 2017-05-10 |
2017-03-29 | C$0.10 | monthly | 2017-04-10 |
2017-02-24 | C$0.10 | monthly | 2017-03-10 |
2017-01-27 | C$0.10 | monthly | 2017-02-10 |
2016-12-28 | C$0.10 | monthly | 2017-01-10 |
2016-11-28 | C$0.10 | monthly | 2016-12-09 |
2016-09-28 | C$0.05 | monthly | |
2015-07-29 | C$0.05 | monthly | 2015-08-10 |
2015-06-26 | C$0.05 | monthly | 2015-07-10 |
2014-08-27 | C$0.05 | monthly | |
2014-05-28 | C$0.05 | monthly | |
2014-02-26 | C$0.05 | monthly | 2014-03-10 |
2014-01-29 | C$0.05 | monthly | 2014-02-10 |
2013-11-27 | C$0.05 | monthly | 2013-12-10 |
2011-05-27 | C$0.10 | monthly | 2011-06-10 |
2011-02-24 | C$0.10 | monthly | 2011-03-10 |
2011-01-27 | C$0.10 | monthly | 2011-02-10 |
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
Canadian Life Companies Split Dividend FAQ
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.
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.
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.
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.
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.