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.
Frequently asked questions
What sector does Canadian Life Companies Split Corp (LFE) operate in?
Canadian Life Companies Split Corp belongs to the Financials sector and operates in the Asset Management industry.
What is Canadian Life Companies Split Corp (LFE) current stock price?
As of the latest data, Canadian Life Companies Split Corp stock price is CA$9.17, with a previous close of CA$9.14. Canadian Life Companies Split Corp gained CA$0.03 in the last trading session, representing a 0.33% increase.
What is Canadian Life Companies Split Corp (LFE) current market capitalization?
Canadian Life Companies Split Corp market cap is approximately 199.47 million.
What is Canadian Life Companies Split Corp (LFE) Earnings Per Share (EPS)?
The trailing EPS is CA$3.66.
What is Canadian Life Companies Split Corp (LFE) Price-to-Earnings (P/E) ratio?
Canadian Life Companies Split Corp current P/E ratio is 2.51.
What is Canadian Life Companies Split Corp (LFE) EBITDA?
Canadian Life Companies Split Corp EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is 43.37 million.
Does Canadian Life Companies Split Corp (LFE) pay dividends?
Yes. Canadian Life Companies Split Corp pays monthly dividends with an annualized yield of 13.09% and an estimated annual payout of CA$1.20 per share.
When is the next ex-dividend date for Canadian Life Companies Split Corp (LFE)?
The next ex-dividend date is scheduled for August 31, 2026.
What is Canadian Life Companies Split Corp (LFE) beta (volatility) score?
Canadian Life Companies Split Corp has a beta of 2.232, indicating very high volatility compared to the market.
