Great-West Lifeco (FRA:GWS) Dividend Payout Ratio: 0.50 (As of Mar. 2026) — Near Median


FRA:GWS Great-West Lifeco Inc FRA:GWS
59 GF Score
Price €54.70
GF Value €31.71
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Great-West Lifeco Dividend Payout Ratio?

Great-West Lifeco FRA:GWS -0.07% 59 Dividend Payout Ratio is 0.50 as of Mar. 2026, which is 6% below its 10-year median of 0.53. GuruFocus rates FRA:GWS with a GF Score™ of 59/100 and a GF Value™ of €31.71 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 337 Insurance companies, Great-West Lifeco ranks worse than 66.17% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Great-West Lifeco's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.50.

The historical rank and industry rank for Great-West Lifeco's Dividend Payout Ratio or its related term are showing as below:

FRA:GWS' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.53   Max: 0.65
Current: 0.5

During the past 13 years, the highest Dividend Payout Ratio of Great-West Lifeco was 0.65. The lowest was 0.48. And the median was 0.53.

FRA:GWS's Dividend Payout Ratio is ranked worse than
66.17% of 337 companies
in the Insurance industry
Industry Median: 0.38 vs FRA:GWS: 0.50

As of today (2026-07-01), the Dividend Yield % of Great-West Lifeco is 2.90%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Great-West Lifeco was 8.44%. The lowest was 2.77%. And the median was 4.79%.

Great-West Lifeco's Dividends per Share for the months ended in Mar. 2026 was €0.42.

During the past 12 months, Great-West Lifeco's average Dividends Per Share Growth Rate was 9.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.20% 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 0.00% per year. And the median was 6.10% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Great-West Lifeco (FRA:GWS) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Great-West Lifeco Dividend Payout Ratio Related Terms

Great-West Lifeco Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Great-West Lifeco'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.

Great-West Lifeco Dividend Payout Ratio Chart

Great-West Lifeco Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.48 0.63 0.50 0.53

Great-West Lifeco Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.66 0.49 0.48 0.50 0.50

FRA:GWS vs AFL, MET, PRU: Dividend Payout Ratio Comparison

For the Insurance - Life subindustry, Great-West Lifeco'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.

Great-West Lifeco Dividend Payout Ratio vs Insurance Industry

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

* The bar in red indicates where Great-West Lifeco's Dividend Payout Ratio falls into.


FRA:GWS
59GF Score
Great-West Lifeco Inc FRA:GWS
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Great-West Lifeco Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Great-West Lifeco's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=1.511/ 2.859
=0.53

Great-West Lifeco's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0.422/ 0.837
=0.50

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.50 mean?
Great-West Lifeco (FRA:GWS) has a Dividend Payout Ratio of 0.50 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Great-West Lifeco and its competitors. This is near median its historical median of 0.53. Over the past decade, Great-West Lifeco's Dividend Payout Ratio has ranged from 0.48 to 0.65. According to the industry distribution chart, Great-West Lifeco ranks #223 out of 337 companies in the Insurance industry, placing it in the top 66.2%.
Is Great-West Lifeco's Dividend Payout Ratio too high?
Great-West Lifeco's current Dividend Payout Ratio of 0.50 is near median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 0.65. The Insurance industry median Dividend Payout Ratio is 0.38. Great-West Lifeco's value of 0.50 is 31.6% above this industry median. Based on the distribution chart, Great-West Lifeco ranks #223 out of 337 companies in the Insurance industry, which is below the industry midpoint. Overall, Great-West Lifeco has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Great-West Lifeco's Dividend Payout Ratio compare to AFL and MET?
According to the Insurance industry distribution chart, Great-West Lifeco ranks #223 out of 337 companies for Dividend Payout Ratio. This places Great-West Lifeco in the lower half of its industry. The industry median Dividend Payout Ratio is 0.38. Great-West Lifeco's value of 0.50 is 31.6% above this benchmark. Historically, Great-West Lifeco's own Dividend Payout Ratio has ranged from 0.48 to 0.65 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 0.38, Great-West Lifeco has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Insurance company?
The median Dividend Payout Ratio among Insurance companies is 0.38, based on 337 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Great-West Lifeco's current Dividend Payout Ratio of 0.50 is 31.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Great-West Lifeco and its competitors. For the Insurance industry, the median Dividend Payout Ratio is 0.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Great-West Lifeco's current Dividend Payout Ratio is 0.50, which is near median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great-West Lifeco stock overvalued right now?
Based on GuruFocus' analysis, Great-West Lifeco (FRA:GWS) is currently considered Significantly Overvalued. The stock's GF Value™ is €31.71, compared to a current price of €54.70 — trading 72.5% above its estimated fair value. The current Dividend Payout Ratio is 0.50, which is near median its 10-year median of 0.53 and 31.6% above the Insurance industry median of 0.38. Great-West Lifeco's overall GF Score™ is 59/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Great-West Lifeco (FRA:GWS), the current Dividend Payout Ratio is 0.50 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Great-West Lifeco (FRA:GWS) Overvalued in 2026?

Based on GuruFocus' analysis, Great-West Lifeco stock appears to be overvalued. The current stock price of €54.70 is trading 72.5% above its estimated GF Value™ of €31.71. GuruFocus considers Great-West Lifeco to be Significantly Overvalued.

Key valuation signals for FRA:GWS:

  • Dividend Payout Ratio: 0.50 (near median its 10-year median of 0.53)
  • GF Value™: €31.71 vs. price of €54.70 (72.5% above fair value)
  • GF Score™: 59/100 with 8 warning signs
  • Industry Position: 31.6% above the Insurance median (#223 of 337)

No single metric tells the full story. See the FRA:GWS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Great-West Lifeco Business Description

Address 100 Osborne Street North, Winnipeg, MB, CAN, R3C 1V3
Great-West Lifeco is one of the Big Three Canadian life insurers. The firm's Canadian business contributed around 31% of its 2025 adjusted earnings. The firm generates a further 29% of adjusted earnings from the United States, attributable to its recordkeeping business, Empower, and its US life insurance business. Great-West Lifeco also offers various products across European markets with a strong presence in the UK and Ireland, which collectively accounted for 20% of adjusted earnings, while the firm's reinsurance business accounts for the remainder. Great-West Lifeco had around CAD 3.5 trillion of assets under administration across its business segments at the end of December 2025.
59GF Score

Get the complete analysis for FRA:GWS

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€54.70
Price
€31.71
GF Value