Canadian Life Companies Split Corp. (TSE:LFE - Get Free Report) shares crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$5.64 and traded as low as C$5.24. Canadian Life Companies Split shares last traded at C$5.25, with a volume of 48,434 shares traded.
Canadian Life Companies Split Stock Up 1.9 %
The company has a market capitalization of C$58.26 million, a PE ratio of 4.44 and a beta of 2.91. The company has a current ratio of 1.47, a quick ratio of 1.33 and a debt-to-equity ratio of 210.26. The business has a fifty day moving average of C$5.62 and a 200 day moving average of C$6.21.
Canadian Life Companies Split Announces Dividend
The business also recently declared a monthly dividend, which was paid on Monday, March 10th. Shareholders of record on Monday, March 10th were issued a dividend of $0.10 per share. The ex-dividend date was Friday, February 28th. This represents a $1.20 annualized dividend and a yield of 20.58%. Canadian Life Companies Split's dividend payout ratio (DPR) is 91.38%.
Canadian Life Companies Split Company Profile
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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.
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