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

Great-West Lifeco Inc. (TSE:GWO) announced a quarterly dividend on Tuesday, June 2nd, TickerTech Dividends reports. Stockholders 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 dividend yield of 3.3%. The ex-dividend date of this dividend is Tuesday, June 2nd.

Great-West Lifeco Price Performance

Shares of TSE GWO opened at C$80.48 on Friday. The stock’s 50-day simple moving average is C$71.49 and its 200-day simple moving average is C$66.95. The firm has a market capitalization of C$72.27 billion, a PE ratio of 17.31, a price-to-earnings-growth ratio of 2.26 and a beta of 0.59. The company has a debt-to-equity ratio of 29.59, a quick ratio of 22.18 and a current ratio of 6.57. Great-West Lifeco has a fifty-two week low of C$49.78 and a fifty-two week high of C$80.82.

Great-West Lifeco (TSE:GWO) last released its quarterly earnings results on Wednesday, May 6th. The company reported C$1.37 earnings per share (EPS) for the quarter. The firm had revenue of C$8.37 billion for the quarter. Great-West Lifeco had a return on equity of 15.17% and a net margin of 12.86%. As a group, equities research analysts forecast that Great-West Lifeco will post 4.4525194 EPS for the current fiscal year.

Great-West Lifeco Company Profile

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.