Great-West Lifeco Inc. (GWO) to Issue Quarterly Dividend of $0.37
Great-West Lifeco Inc. (TSE:GWO) declared a quarterly dividend on Thursday, November 30th, TickerTech reports. Shareholders of record on Friday, December 29th will be given a dividend of 0.367 per share on Friday, December 29th. This represents a $1.47 annualized dividend and a yield of 4.16%. The ex-dividend date is Thursday, November 30th.
Great-West Lifeco (TSE:GWO) traded up C$0.01 during mid-day trading on Wednesday, reaching C$35.30. The company’s stock had a trading volume of 229,584 shares, compared to its average volume of 483,560. Great-West Lifeco has a twelve month low of C$33.01 and a twelve month high of C$37.79.
In related news, insider Lifeco U.S. Holding Great-West acquired 81,387 shares of the firm’s stock in a transaction that occurred on Saturday, September 30th. The shares were bought at an average cost of C$35.62 per share, for a total transaction of C$2,899,004.94. Also, insider Helen Ruth Kasdorf sold 2,280 shares of the business’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of C$35.50, for a total value of C$80,940.00.
GWO has been the topic of several research analyst reports. CSFB boosted their price objective on Great-West Lifeco from C$37.00 to C$39.00 in a research report on Wednesday, November 1st. Royal Bank Of Canada boosted their target price on Great-West Lifeco from C$35.00 to C$36.00 in a research note on Friday, November 3rd. Barclays boosted their target price on Great-West Lifeco from C$37.00 to C$38.00 in a research note on Friday, November 3rd. National Bank Financial boosted their target price on Great-West Lifeco from C$36.00 to C$38.00 and gave the company an “outperform” rating in a research note on Friday, November 17th. Finally, Eight Capital lowered their target price on Great-West Lifeco from C$38.00 to C$37.00 in a research note on Friday, November 3rd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. Great-West Lifeco has a consensus rating of “Hold” and an average target price of C$37.33.
COPYRIGHT VIOLATION NOTICE: “Great-West Lifeco Inc. (GWO) to Issue Quarterly Dividend of $0.37” was reported by Daily Political and is owned by of Daily Political. If you are reading this news story on another domain, it was copied illegally and republished in violation of U.S. & international copyright & trademark law. The original version of this news story can be read at https://www.dailypolitical.com/2017/11/29/great-west-lifeco-inc-gwo-to-issue-quarterly-dividend-of-0-37.html.
Great-West Lifeco Company Profile
Great-West Lifeco Inc (Lifeco) is a financial services holding company. The Company has interests in the life insurance, health insurance, asset management, investment and retirement savings, and reinsurance businesses. It operates through four operating segments: Canada, United States, Europe and Lifeco Corporate.
Receive News & Ratings for Great-West Lifeco Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great-West Lifeco Inc. and related companies with MarketBeat.com's FREE daily email newsletter.