Great-West Lifeco Inc. (GWO) to Issue Quarterly Dividend of $0.67 on June 30th

Great-West Lifeco Inc. (TSE:GWOGet Free Report) announced a quarterly dividend on Tuesday, June 2nd, TickerTech Dividends reports. Shareholders of record on Tuesday, June 30th will be paid a dividend of 0.67 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 3.3%. The ex-dividend date is Tuesday, June 2nd.

Great-West Lifeco Stock Performance

Shares of GWO stock opened at C$80.48 on Friday. The company has a debt-to-equity ratio of 29.59, a quick ratio of 22.18 and a current ratio of 6.57. The company has a market capitalization of C$72.27 billion, a P/E ratio of 17.31, a price-to-earnings-growth ratio of 2.26 and a beta of 0.59. The company’s 50 day moving average price is C$71.49 and its two-hundred day moving average price is C$66.95. Great-West Lifeco has a 52 week low of C$49.78 and a 52 week high of C$80.82.

Great-West Lifeco (TSE:GWOGet Free Report) last announced its earnings results on Wednesday, May 6th. The company reported C$1.37 EPS for the quarter. The firm had revenue of C$8.37 billion for the quarter. Great-West Lifeco had a net margin of 12.86% and a return on equity of 15.17%. On average, analysts expect that Great-West Lifeco will post 4.4525194 earnings per share for the current fiscal year.

Insider Activity at Great-West Lifeco

In related news, insider L.P. Great-West Lifeco U.S. Holdings sold 46,413 shares of the firm’s stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of C$63.46, for a total value of C$2,945,368.98. Also, Director Mei Dong sold 39,400 shares of the firm’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of C$76.33, for a total transaction of C$3,007,402.00. Following the completion of the transaction, the director directly owned 2,721 shares of the company’s stock, valued at C$207,693.93. This represents a 93.54% decrease in their ownership of the stock. Over the last three months, insiders sold 105,613 shares of company stock valued at $7,528,257. 70.70% of the stock is owned by corporate insiders.

About Great-West Lifeco

(Get Free Report)

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.

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

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