Great-West Lifeco Dividend
Dividend criteria checks 5/6
Great-West Lifeco is a dividend paying company with a current yield of 5.26% that is well covered by earnings.
Key information
5.3%
Dividend yield
60%
Payout ratio
Industry average yield | 3.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$3.52 |
Dividend yield forecast in 3Y | 5.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GWO.PRQ's dividends per share have been stable in the past 10 years.
Growing Dividend: GWO.PRQ's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Great-West Lifeco Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (GWO.PRQ) | 5.3% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.5% |
Industry Average (Insurance) | 3.8% |
Analyst forecast in 3 Years (GWO.PRQ) | 5.7% |
Notable Dividend: GWO.PRQ's dividend (5.26%) is higher than the bottom 25% of dividend payers in the Canadian market (1.89%).
High Dividend: GWO.PRQ's dividend (5.26%) is low compared to the top 25% of dividend payers in the Canadian market (6.48%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.1%), GWO.PRQ's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.6%), GWO.PRQ's dividend payments are well covered by cash flows.