This strips out the common shares on one side, and give the dividends to the preferreds. The preferred people get the dividends, but the common gets the preferreds’ money giving them a more levered play in the timeframe on life insurance companies. The bad news is, you are putting a bit of a gun to your head in terms of timing. If you buy at the right time, you can really get some outsized moves.
Brompton Lifeco Split Corp is a Canadian stock, trading under the symbol LCS-T on the Toronto Stock Exchange (LCS-CT). It is usually referred to as TSX:LCS or LCS-T
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In the last year, there was no coverage of Brompton Lifeco Split Corp published on Stockchase.
On 2024-10-29, Brompton Lifeco Split Corp (LCS-T) stock closed at a price of $8.95.