Power Financial Corp (TSE:PWF) Director Robert Jeffrey Orr sold 100,000 shares of the firm’s stock in a transaction on Thursday, September 21st. The shares were sold at an average price of C$34.42, for a total transaction of C$3,442,000.00.

Robert Jeffrey Orr also recently made the following trade(s):

  • On Friday, September 22nd, Robert Jeffrey Orr sold 100,000 shares of Power Financial Corp stock. The shares were sold at an average price of C$34.37, for a total transaction of C$3,437,000.00.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 1st. Investors of record on Friday, September 29th will be paid a $0.412 dividend. This represents a $1.65 dividend on an annualized basis and a yield of 4.78%. This is a boost from Power Financial Corp’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Thursday, September 28th.

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Separately, Barclays PLC lifted their target price on shares of Power Financial Corp from C$36.00 to C$37.00 in a research report on Tuesday, August 1st.

Power Financial Corp Company Profile

Power Financial Corp is a Canada-based diversified management and holding company. It has operations in the financial services sector in Canada, the United States and Europe, through its controlling interests in Great- West Lifeco Inc (Lifeco) and IGM Financial Inc (IGM). It operates through three segments: Lifeco, IGM and Pargesa Holding SA (Pargesa).

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