Reminder - Canadian Life Companies Split (LFE) Goes Ex-Dividend Soon

On 2/26/14, Canadian Life Companies Split Company (TSX: LFE.TO) will trade ex-dividend, for its monthly dividend of $0.05, payable on 3/10/14. As a percentage of LFE's recent stock price of $4.38, this dividend works out to approximately 1.14%, so look for shares of Canadian Life Companies Split Company to trade 1.14% lower — all else being equal — when LFE shares open for trading on 2/26/14.

Below is a dividend history chart for LFE, showing historical dividends prior to the most recent $0.05 declared by Canadian Life Companies Split Company:

LFE+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from LFE is likely to continue, and whether the current estimated yield of 13.70% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of LFE shares, versus its 200 day moving average:

Canadian Life Companies Split Company 200 Day Moving Average Chart

Looking at the chart above, LFE's low point in its 52 week range is $2.02 per share, with $5.55 as the 52 week high point — that compares with a last trade of $4.38.

In Monday trading, Canadian Life Companies Split Company shares are currently up about 1.2% on the day.

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