A Yield to Caution

LIFECO SPLIT CORP. $6.75 (Toronto symbol LCS; Shares outstanding: 5.3 million; Market cap: $35.8 million; Dividend yield: 13.4%; www.quadravest.com) holds shares of Canada’s four largest publicly listed life insurance companies.
These are Sun Life Financial, Manulife Financial, Great-West Lifeco and iA Financial. The company holds the four stocks… Read More