TSE:LFE

Canadian Life Companies Split (LFE) Stock Price, News & Analysis

C$4.15
+0.04 (+0.97%)
(As of 04/26/2024 ET)
Today's Range
C$4.09
C$4.17
50-Day Range
C$3.82
C$5.11
52-Week Range
C$2.31
C$5.11
Volume
21,900 shs
Average Volume
43,463 shs
Market Capitalization
C$47.77 million
P/E Ratio
4.19
Dividend Yield
4.82%
Price Target
N/A
LFE stock logo

About Canadian Life Companies Split Stock (TSE:LFE)

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.

LFE Stock Price History

LFE Stock News Headlines

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A new way to collect income from stocks
Most people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively…
BlackRock cuts Polymetal stake to 4%
See More Headlines
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Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Net Income
C$11.74 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$23.11 million
Cash Flow
C$19.64 per share
Book Value
C$4.38 per share

Miscellaneous

Free Float
N/A
Market Cap
C$47.77 million
Optionable
Not Optionable
Beta
3.02
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LFE Stock Analysis - Frequently Asked Questions

How have LFE shares performed in 2024?

Canadian Life Companies Split's stock was trading at C$4.25 at the start of the year. Since then, LFE shares have decreased by 2.4% and is now trading at C$4.15.
View the best growth stocks for 2024 here
.

Is Canadian Life Companies Split a good dividend stock?

Canadian Life Companies Split (TSE:LFE) pays an annual dividend of C$0.20 per share and currently has a dividend yield of 4.12%. LFE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 20.20%. This payout ratio is at a healthy, sustainable level, below 75%.

What other stocks do shareholders of Canadian Life Companies Split own?
How do I buy shares of Canadian Life Companies Split?

Shares of LFE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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This page (TSE:LFE) was last updated on 4/28/2024 by MarketBeat.com Staff

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