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.

COPYRIGHT VIOLATION WARNING: “Great-West Lifeco Inc (GWO) Announces Quarterly Dividend of $0.41” was first posted by Enterprise Leader and is the property of of Enterprise Leader. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of United States and international trademark & copyright law. The legal version of this piece of content can be read at

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.

See Also: What are the benefits of momentum investing?

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

Receive News & Ratings for Great-West Lifeco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great-West Lifeco and related companies with's FREE daily email newsletter.