Power of Canada (TSX:POW) Dividend Payout Ratio

: 0.85 (As of Dec. 2023)

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Power of Canada's dividend payout ratio for the months ended in Dec. 2023 was 0.85.

The historical rank and industry rank for Power of Canada's Dividend Payout Ratio or its related term are showing as below:

TSX:POW' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.31 Med: 0.52 Max: 0.64
Current: 0.58

During the past 13 years, the highest Dividend Payout Ratio of Power of Canada was 0.64. The lowest was 0.31. And the median was 0.52.

TSX:POW's Dividend Payout Ratio is ranked worse than
71.53% of 288 companies
in the Insurance industry
Industry Median: 0.37 vs TSX:POW: 0.58

As of today (2024-04-16), the Dividend Yield % of Power of Canada is 5.89%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Power of Canada was 10.63%. The lowest was 3.39%. And the median was 4.64%.

Power of Canada's Dividends per Share for the months ended in Dec. 2023 was C$0.53.

During the past 12 months, Power of Canada's average Dividends Per Share Growth Rate was 6.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -1.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Power of Canada was 33.20% per year. The lowest was -1.50% per year. And the median was 8.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Power of Canada Dividend Payout Ratio Historical Data

The historical data trend for Power of Canada's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Power of Canada Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.60

0.64

0.42

0.61

Power of Canada Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																3.09	1.04	0.53	0.35	0.85

Competitive Comparison

For the Insurance - Life subindustry, Power of Canada's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Power of Canada Dividend Payout Ratio Distribution

For the Insurance industry and Financial Services sector, Power of Canada's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Power of Canada's Dividend Payout Ratio falls into.

Power of Canada Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Power of Canada's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	2.1	/	3.43
	=	0.61

Power of Canada's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.525	/	0.62
	=	0.85

Power of Canada (TSX:POW) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Power of Canada Dividend Payout Ratio Related Terms

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Power of Canada (TSX:POW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Power Corporation of Canada (TSX:POW) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

PWCDF:USA PCR:Germany POW.PR.G.PFD:Canada POW.PR.E:Canada POW.PR.D.PFD:Canada POW.PR.C.PFD:Canada POW.PR.B.PFD:Canada POW.PR.A.PFD:Canada

Address

751 Victoria Square, Montreal, QC, CAN, H2Y 2J3

Website

https://www.powercorporation.com

Power Corporation of Canada is a holding company with controlling interests in Great-West Life (an insurance conglomerate), IGM Financial (Canada's largest nonbank asset manager), and other alternative asset-management platforms (Sagard and Power Sustainable). The company also has minority interests in Groupe Bruxelles Lambert (a holding company with interests in European companies) and ChinaAMC (an asset manager in China).

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