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Great-West Lifeco (OTCPK:GWLIF) Forward Dividend Yield %

: 5.03% (As of Today)
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As of today (2023-09-24), the Forward Annual Dividend Yield of Great-West Lifeco is 5.03%.

As of today (2023-09-24), the Trailing Annual Dividend Yield of Great-West Lifeco is 4.97%.

GWLIF's Forward Dividend Yield % is ranked better than
72.12% of 391 companies
in the Insurance industry
Industry Median: 3.42 vs GWLIF: 5.03

Great-West Lifeco's Dividends per Share for the three months ended in Jun. 2023 was $0.39.

During the past 12 months, Great-West Lifeco's average Dividends Per Share Growth Rate was 5.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Great-West Lifeco was 21.40% per year. The lowest was 0.80% per year. And the median was 9.80% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison

For the Insurance - Life subindustry, Great-West Lifeco's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % 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.

   

Great-West Lifeco Forward Dividend Yield % Distribution

For the Insurance industry and Financial Services sector, Great-West Lifeco's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Great-West Lifeco's Forward Dividend Yield % falls in comparison to its industry or sector. The grey bar indicates the Forward Dividend Yield %'s extreme value range as defined by GuruFocus.



Great-West Lifeco Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Great-West Lifeco Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.5202023-08-302023-08-312023-09-29Cash DividendquarterlyCAD:USD 0.738607
CAD 0.5202023-05-302023-05-312023-06-30Cash DividendquarterlyCAD:USD 0.735943
CAD 0.5202023-03-022023-03-032023-03-31Cash DividendquarterlyCAD:USD 0.739372
CAD 0.4902022-12-012022-12-022022-12-30Cash DividendquarterlyCAD:USD 0.738989

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Great-West Lifeco's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.53630256/30.62
=5.02 %

Current Share Price is $30.62.
Great-West Lifeco's Dividends per Share for the forward twelve months is calculated as $0.38407564 * 4 = $1.53630256.

Great-West Lifeco's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.51334405/30.62
=4.94 %

Current Share Price is $30.62.
Great-West Lifeco's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.51334405.

* 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.


Great-West Lifeco  (OTCPK:GWLIF) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Great-West Lifeco Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Great-West Lifeco's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Great-West Lifeco (OTCPK:GWLIF) Business Description

Great-West Lifeco logo
Address
100 Osborne Street North, Winnipeg, MB, CAN, R3C 1V3
Great-West Lifeco provides life insurance, health insurance, retirement products, asset management, recordkeeping services, and reinsurance products in Canada, the United States, and Europe. The Canada business contributes approximately 35% of adjusted earnings and has leading market positions in group insurance, group retirement, and individual insurance. The company operates the second-largest recordkeeping business under the Empower brand in the United States, with an earnings contribution from the country approximating 20%. Great-West Lifeco also offers various products across Europe markets with a strong presence in the U.K., Ireland, and Germany. The Europe segment contributes around 28% of adjusted earnings and the reinsurance business accounts for around 17% of adjusted earnings.