This is a seasonal period when Lifecos in general tend to do well. This is a special vehicle where they buy a lifeco, split it up and give the capital appreciation to one half, and the dividend to the other half. Dividend yield of 19% is extremely high, and he is having trouble with that. Technically, it is getting close to the top of its range once again, and looks pretty good.
Canadian Life Companies Split Corp. is a Canadian stock, trading under the symbol LFE-T on the Toronto Stock Exchange (LFE-CT). It is usually referred to as TSX:LFE or LFE-T
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Canadian Life Companies Split Corp. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Canadian Life Companies Split Corp..
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In the last year, there was no coverage of Canadian Life Companies Split Corp. published on Stockchase.
On 2023-05-31, Canadian Life Companies Split Corp. (LFE-T) stock closed at a price of $3.21.