Great-West Lifeco Inc. (TSE:GWO) to Issue Quarterly Dividend of $0.67

Great-West Lifeco Inc. (TSE:GWO) declared a quarterly dividend on Tuesday, September 1st. Shareholders of record on Tuesday, September 29th will be given a dividend of 0.67 per share on Tuesday, September 29th. This represents a c) annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Tuesday, September 1st.

Great-West Lifeco Price Performance

Shares of GWO opened at C$89.11 on Tuesday. The company has a current ratio of 6.07, a quick ratio of 22.18 and a debt-to-equity ratio of 28.63. The company’s fifty day simple moving average is C$91.04 and its 200 day simple moving average is C$78.24. The company has a market cap of C$79.77 billion, a price-to-earnings ratio of 18.41, a PEG ratio of 2.26 and a beta of 0.68. Great-West Lifeco has a 1-year low of C$52.51 and a 1-year high of C$94.10.

Great-West Lifeco (TSE:GWO) last posted its quarterly earnings results on Tuesday, July 28th. The company reported C$1.42 EPS for the quarter. The business had revenue of C$8.35 billion during the quarter. Great-West Lifeco had a return on equity of 15.48% and a net margin of 12.49%. On average, research analysts forecast that Great-West Lifeco will post 4.4525194 earnings per share for the current fiscal year.

About Great-West Lifeco

Great-West Lifeco is one of the three big Canadian life insurance firms. With just under half of the firm’s profit and revenue in Canada, Great-West also operates in the U.S. and Europe. In Canada, Great-West provides both individual and group insurance. In the United States, Great-West operates Putnam Investments and defined-contribution recordkeeping firm Empower Retirement. In 2020, Great-West announced it would acquire Personal Capital and MassMutual’s recordkeeping business. In Europe, Great-West offers life insurance, annuities, and reinsurance primarily in the U.K., Ireland, and Germany.