Great-West Lifeco Dividends and Buybacks

Dividend criteria checks 5/6

Great-West Lifeco is a dividend paying company with a current yield of 4.55% that is well covered by earnings. Next payment date is on 31st December, 2024 with an ex-dividend date of 3rd December, 2024.

Key information

4.5%

Dividend yield

0.2%

Buyback Yield

Total Shareholder Yield4.7%
Future Dividend Yield5.1%
Dividend Growth3.4%
Next dividend pay date31 Dec 24
Ex dividend date03 Dec 24
Dividend per shareCA$2.220
Payout ratio56%

Recent dividend and buyback updates

Great-West Lifeco (TSE:GWO) Has Announced That It Will Be Increasing Its Dividend To CA$0.555

Feb 21
Great-West Lifeco (TSE:GWO) Has Announced That It Will Be Increasing Its Dividend To CA$0.555

Recent updates

Why Investors Shouldn't Be Surprised By Great-West Lifeco Inc.'s (TSE:GWO) Low P/E

Oct 17
Why Investors Shouldn't Be Surprised By Great-West Lifeco Inc.'s (TSE:GWO) Low P/E

Market Cool On Great-West Lifeco Inc.'s (TSE:GWO) Earnings

Jun 30
Market Cool On Great-West Lifeco Inc.'s (TSE:GWO) Earnings

Investors Aren't Entirely Convinced By Great-West Lifeco Inc.'s (TSE:GWO) Earnings

Mar 30
Investors Aren't Entirely Convinced By Great-West Lifeco Inc.'s (TSE:GWO) Earnings

Great-West Lifeco (TSE:GWO) Has Announced That It Will Be Increasing Its Dividend To CA$0.555

Feb 21
Great-West Lifeco (TSE:GWO) Has Announced That It Will Be Increasing Its Dividend To CA$0.555

Great-West Lifeco Inc. (TSE:GWO) Not Lagging Market On Growth Or Pricing

Dec 29
Great-West Lifeco Inc. (TSE:GWO) Not Lagging Market On Growth Or Pricing

Great-West Lifeco's (TSE:GWO) Upcoming Dividend Will Be Larger Than Last Year's

Feb 13
Great-West Lifeco's (TSE:GWO) Upcoming Dividend Will Be Larger Than Last Year's

Great-West Lifeco's (TSE:GWO) Dividend Will Be CA$0.49

Nov 16
Great-West Lifeco's (TSE:GWO) Dividend Will Be CA$0.49

Should You Be Adding Great-West Lifeco (TSE:GWO) To Your Watchlist Today?

Apr 01
Should You Be Adding Great-West Lifeco (TSE:GWO) To Your Watchlist Today?

Stability 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
How does GWO dividend yield compare to the market?
SegmentDividend Yield
Company (GWO)4.5%
Market Bottom 25% (CA)1.8%
Market Top 25% (CA)6.2%
Industry Average (Insurance)3.1%
Analyst forecast (GWO) (up to 3 years)5.1%

Notable Dividend: GWO's dividend (4.55%) is higher than the bottom 25% of dividend payers in the Canadian market (1.76%).

High Dividend: GWO's dividend (4.55%) is low compared to the top 25% of dividend payers in the Canadian market (6.16%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (56%), GWO's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (42.7%), GWO's dividend payments are well covered by cash flows.


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