Canadian Life Co Split Corp. (CLSPF)
OTC PINK OTC PINK Primary Summary
CLSPF Chart
Canadian Life Companies Split Corp. Completes Overnight Offering
TORONTO, June 26, 2025 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (“the Company”) is pleased to announce it has completed the overnight offering of Preferred Shares and Class A Shares of the Company. Total gross proceeds of the offering were $40.0 million, bringing the Company's net assets to approximately $217.9 million.
Canadian Life Companies Split Corp. Declares Class A & Preferred Share Dividend
TORONTO, June 18, 2025 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (the "Company") declares its monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.05833 for each Preferred share ($0.700 annualized). Distributions are payable July 10, 2025 to shareholders on record as at June 30, 2025.
Canadian Life Companies Split Corp. Announces TSX Acceptance of Normal Course Issuer Bid
TORONTO, May 29, 2025 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (the “Company”) announced today that the Toronto Stock Exchange (the “TSX”) has accepted its notice of intention to make a Normal Course Issuer Bid (the “NCIB”) to purchase its Preferred Shares and Class A Shares through the facilities of the TSX and/or alternative Canadian trading systems. The NCIB will commence on June 2, 2025 and terminate on June 1, 2026.
Canadian Life Co Split Corp. Dividends
| CLSPF 6 days ago | Other | $0.07 Per Share |
| CLSPF 1 month ago Paid | Monthly | $0.07 Per Share |
| CLSPF 2 months ago Paid | Monthly | $0.07 Per Share |
| CLSPF 3 months ago Paid | Monthly | $0.07 Per Share |
| CLSPF 4 months ago Paid | Monthly | $0.07 Per Share |
Canadian Life Co Split Corp. Earnings
| 30 Nov 2016 Date | | - Cons. EPS | 0.58 EPS |
| 31 Aug 2016 Date | | - Cons. EPS | 0.6 EPS |
| 31 May 2016 Date | | - Cons. EPS | - EPS |
| 29 Feb 2016 Date | | - Cons. EPS | - EPS |
| 30 Nov 2015 Date | | - Cons. EPS | 0.1 EPS |
| CLSPF 6 days ago | Other | $0.07 Per Share |
| CLSPF 1 month ago Paid | Monthly | $0.07 Per Share |
| CLSPF 2 months ago Paid | Monthly | $0.07 Per Share |
| CLSPF 3 months ago Paid | Monthly | $0.07 Per Share |
| CLSPF 4 months ago Paid | Monthly | $0.07 Per Share |
| 30 Nov 2016 Date | | - Cons. EPS | 0.58 EPS |
| 31 Aug 2016 Date | | - Cons. EPS | 0.6 EPS |
| 31 May 2016 Date | | - Cons. EPS | - EPS |
| 29 Feb 2016 Date | | - Cons. EPS | - EPS |
| 30 Nov 2015 Date | | - Cons. EPS | 0.1 EPS |
Canadian Life Co Split Corp. (CLSPF) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Canadian Life Co Split Corp. ever had a stock split?
Canadian Life Co Split Corp. Profile
| Asset Management Industry | Financial Services Sector | Mr. Stephen Wayne Finch CEO | OTC PINK Exchange | CA1362904007 ISIN |
| CA Country | - Employees | 30 Jun 2025 Last Dividend | 19 Dec 2024 Last Split | - IPO Date |
Overview
Canadian Life Companies Split Corp. is a specialized investment fund established on April 18, 2005, with a strategic focus on the Canadian public equity market, particularly within the life insurance sector. Operated by Quadravest Capital Management Inc., this closed-ended equity mutual fund is predicated on investing in a select portfolio of stocks belonging to leading life insurance companies based in Canada. Through meticulous fundamental analysis that takes into account various financial indicators such as earnings history, price-earnings multiples, cash flow, dividend yields, market position, and potential for growth, the fund aims to deliver substantial returns to its investors. Performance metrics for the fund are gauged against the S&P TSX Financial Index, ensuring a focused and comparative assessment against significant financial benchmarks.
Products and Services
- Equity Investments in Life Insurance Sector
- Fundamental Analysis
- Focus on Major Life Insurance Companies
- Performance Benchmarking Against the S&P TSX Financial Index
At the core of Canadian Life Companies Split Corp.'s investment strategy is the acquisition of stocks from a carefully selected group of Canada's major publicly traded life insurance companies. This approach underscores the fund's commitment to capitalizing on the growth and financial stability intrinsic to the life insurance industry, providing a targeted investment vehicle for shareholders.
The fund employs a rigorous method of fundamental analysis to handpick investments. By concentrating on critical financial metrics such as earnings history, price-earnings ratios, cash flow, dividend yields, and overall market position, the management aims to ensure that each investment contributes positively to the growth and stability of the fund's portfolio. This meticulous selection process serves as the backbone for achieving long-term financial objectives and delivering shareholder value.
Specializing in the stocks of four of the nation’s premier life insurance entities—Great-West Lifeco Inc., Industrial Alliance Insurance and Financial Services Inc., Manulife Financial Corporation, and Sun Life Financial Inc.—Canadian Life Companies Split Corp. zeroes in on firms with robust earning histories, attractive dividend yields, and strong market standings. This strategic concentration is indicative of the fund's commitment to leveraging the inherent strengths of the life insurance sector to foster portfolio growth.
In its performance evaluation, Canadian Life Companies Split Corp. aligns its portfolio results with the S&P TSX Financial Index. This benchmarking practice ensures that the fund’s performance is measured against a relevant and comprehensive financial index, encapsulating a broad spectrum of financial entities within Canada. It is a testament to the fund's dedication to transparency and performance excellence, aiming for superior returns in the financial sector.
Contact Information
