Great-West Lifeco Inc (GWO) Announces Quarterly Dividend of $0.41

Great-West Lifeco Inc (TSE:GWO) announced a quarterly dividend on Thursday, May 30th, TickerTech reports. Stockholders of record on Friday, June 28th will be given a dividend of 0.413 per share on Friday, June 28th. This represents a $1.65 dividend on an annualized basis and a dividend yield of 5.26%. The ex-dividend date is Thursday, May 30th.

TSE GWO opened at C$31.41 on Friday. The company has a quick ratio of 10.81, a current ratio of 11.51 and a debt-to-equity ratio of 25.30. The company has a market capitalization of $28.86 billion and a PE ratio of 10.76. Great-West Lifeco has a 52-week low of C$26.83 and a 52-week high of C$34.42.

GWO has been the subject of a number of research analyst reports. BMO Capital Markets reduced their price target on shares of Great-West Lifeco from C$33.00 to C$32.00 in a research report on Friday, January 25th. Canaccord Genuity reduced their price target on shares of Great-West Lifeco from C$35.00 to C$34.00 in a research report on Friday, February 8th. TD Securities reduced their price target on shares of Great-West Lifeco from C$34.00 to C$33.00 and set a “hold” rating for the company in a research report on Friday, February 8th. Eight Capital increased their price objective on Great-West Lifeco from C$30.00 to C$33.00 in a report on Friday, April 26th. Finally, CIBC upgraded Great-West Lifeco from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from C$33.00 to C$37.50 in a report on Thursday, March 14th. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Great-West Lifeco has a consensus rating of “Hold” and an average target price of C$33.89.

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Great-West Lifeco Company Profile

Great-West Lifeco Inc, a financial services holding company, engages in life and health insurance, asset management, investment and retirement savings, and reinsurance businesses in Canada, the United States, and Europe. The company offers a portfolio of financial and benefit plan solutions for individuals, families, businesses, and organizations; life, disability, critical illness, accidental death, dismemberment, dental protection, direct marketing, health, and creditor insurance products; and wealth savings and income, accumulation, and annuity products.

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Dividend History for Great-West Lifeco (TSE:GWO)

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