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Power of Canada (TSX:POW.PR.A.PFD) 3-Year Dividend Growth Rate

: -1.50% (As of Dec. 2023)
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Power of Canada's Dividends per Share for the three months ended in Dec. 2023 was C$0.00.

The historical rank and industry rank for Power of Canada's 3-Year Dividend Growth Rate or its related term are showing as below:

TSX:POW.PR.A.PFD' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -1.5   Med: 8   Max: 33.2
Current: -1.5

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.

TSX:POW.PR.A.PFD's 3-Year Dividend Growth Rate is ranked worse than
75.73% of 239 companies
in the Insurance industry
Industry Median: 6.3 vs TSX:POW.PR.A.PFD: -1.50

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Power of Canada's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, Power of Canada's Dividend Yield % is 6.67%.

Good Sign:

Power Corporation of Canada stock dividend yield is close to 3-year high.

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


Competitive Comparison

For the Insurance - Life subindustry, Power of Canada's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution

For the Insurance industry and Financial Services sector, Power of Canada's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Power of Canada's 3-Year Dividend Growth Rate falls into.



Power of Canada 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Power of Canada  (TSX:POW.PR.A.PFD) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

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/ 0
=N/A

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.

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

Power of Canada Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.3502024-03-272024-03-282024-04-15Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.3502023-12-212023-12-222024-01-15Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.3502023-09-212023-09-222023-10-15Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.3502023-06-222023-06-232023-07-15Cash DividendquarterlyCAD:CAD 1.000000

* 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.

Power of Canada's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.4/20.99
=6.67 %

Current Share Price is C$20.99.
Power of Canada's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$1.4.

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

Good Sign:

Power Corporation of Canada stock dividend yield is close to 3-year high.

* 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.


Power of Canada 3-Year Dividend Growth Rate Related Terms>


Power of Canada (TSX:POW.PR.A.PFD) Business Description

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