TORONTO, April 21, 2025 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (the "Company") declares its monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.05833 for each Preferred share ($0.700 annualized). Distributions are payable May 9, 2025 to shareholders on record as at April 30, 2025.

Since inception Class A shareholders have received a total of $8.95 per share and Preferred shareholders have received a total of $12.32 per share inclusive of this distribution, for a combined total of $21.27 per unit.

The Company invests in a portfolio of four publicly traded Canadian life insurance companies as follows: Great-West Lifeco Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife Financial Corporation and Sun Life Financial Inc.