Great-West Lifeco Dividend
Dividend criteria checks 5/6
Great-West Lifeco is a dividend paying company with a current yield of 5.52% that is well covered by earnings.
Key information
5.5%
Dividend yield
68%
Payout ratio
| Industry average yield | 4.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$3.07 |
| Dividend yield forecast in 3Y | 6.0% |
Recent dividend updates
Recent updates
Investors Aren't Entirely Convinced By Great-West Lifeco Inc.'s (TSE:GWO) Earnings
Mar 30
Great-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 17Great-West Lifeco (TSE:GWO) Has Re-Affirmed Its Dividend Of CA$0.44
Aug 08Here's Why I Think Great-West Lifeco (TSE:GWO) Is An Interesting Stock
Jul 19Stability 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) | 5.5% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.6% |
| Industry Average (Insurance) | 4.0% |
| Analyst forecast in 3 Years (GWO) | 6.0% |
Notable Dividend: GWO's dividend (5.52%) is higher than the bottom 25% of dividend payers in the Canadian market (1.9%).
High Dividend: GWO's dividend (5.52%) is low compared to the top 25% of dividend payers in the Canadian market (6.57%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.7%), GWO's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (42.9%), GWO's dividend payments are well covered by cash flows.