Great-West Lifeco Dividend
Dividend criteria checks 6/6
Great-West Lifeco is a dividend paying company with a current yield of 4.85% that is well covered by earnings.
Key information
4.8%
Dividend yield
54%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.615 |
| Earnings per share | US$3.99 |
| Dividend yield forecast | 5.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GRWT.F's dividends per share have been stable in the past 10 years.
Growing Dividend: GRWT.F'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 (GRWT.F) | 4.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Insurance) | 1.6% |
| Analyst forecast (GRWT.F) (up to 3 years) | 5.4% |
Notable Dividend: GRWT.F's dividend (4.85%) is higher than the bottom 25% of dividend payers in the US market (1.41%).
High Dividend: GRWT.F's dividend (4.85%) is in the top 25% of dividend payers in the US market (4.27%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.9%), GRWT.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.4%), GRWT.F's dividend payments are covered by cash flows.