Great-West Lifeco Dividend
Dividend criteria checks 5/6
Great-West Lifeco is a dividend paying company with a current yield of 4.84% that is well covered by earnings.
Key information
4.8%
Dividend yield
54%
Payout ratio
| Industry average yield | 3.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$2.220 |
| Earnings per share | CA$3.99 |
| Dividend yield forecast | 5.4% |
Recent dividend updates
Recent updates
Market Cool On Great-West Lifeco Inc.'s (TSE:GWO) Earnings
Jun 30
Investors Aren't Entirely Convinced By Great-West Lifeco Inc.'s (TSE:GWO) Earnings
Mar 30Great-West Lifeco (TSE:GWO) Has Announced That It Will Be Increasing Its Dividend To CA$0.555
Feb 21Great-West Lifeco Inc. (TSE:GWO) Not Lagging Market On Growth Or Pricing
Dec 29Great-West Lifeco's (TSE:GWO) Upcoming Dividend Will Be Larger Than Last Year's
Feb 13Great-West Lifeco's (TSE:GWO) Dividend Will Be CA$0.49
Nov 16Should You Be Adding Great-West Lifeco (TSE:GWO) To Your Watchlist Today?
Apr 01Here's Why I Think Great-West Lifeco (TSE:GWO) Is An Interesting Stock
Dec 17Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GWO's dividends per share have been stable in the past 10 years.
Growing Dividend: GWO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Great-West Lifeco Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GWO) | 4.8% |
| Market Bottom 25% (CA) | 1.7% |
| Market Top 25% (CA) | 5.8% |
| Industry Average (Insurance) | 3.4% |
| Analyst forecast (GWO) (up to 3 years) | 5.4% |
Notable Dividend: GWO's dividend (4.84%) is higher than the bottom 25% of dividend payers in the Canadian market (1.74%).
High Dividend: GWO's dividend (4.84%) is low compared to the top 25% of dividend payers in the Canadian market (5.84%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.9%), GWO's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.3%), GWO's dividend payments are covered by cash flows.