Great-West Lifeco (Great-West Lifeco) Dividend Payout Ratio : 0.69 (As of Dec. 2023)

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Great-West Lifeco's dividend payout ratio for the months ended in Dec. 2023 was 0.69.

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

GWLIF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.47 Med: 0.52 Max: 0.68
Current: 0.68

During the past 13 years, the highest Dividend Payout Ratio of Great-West Lifeco was 0.68. The lowest was 0.47. And the median was 0.52.

GWLIF's Dividend Payout Ratio is ranked worse than
79.93% of 289 companies
in the Insurance industry
Industry Median: 0.37 vs GWLIF: 0.68

As of today (2024-04-24), the Dividend Yield % of Great-West Lifeco is 5.37%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Great-West Lifeco was 8.44%. The lowest was 3.36%. And the median was 4.61%.

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

During the past 12 months, Great-West Lifeco'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 5.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.70% 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 7.95% per year.

The growth rate is calculated with least square regression.

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

Great-West Lifeco Dividend Payout Ratio Historical Data

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.

* Premium members only.

Great-West Lifeco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.65

0.54

0.52

0.49

0.66

Great-West Lifeco 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	Get a 7-Day Free Trial															0.96	0.78	0.83	0.50	0.69

Competitive 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 Distribution

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.

Great-West Lifeco Dividend Payout Ratio Calculation

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

Great-West Lifeco'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 )
	=	1.55	/	2.361
	=	0.66

Great-West Lifeco'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 )
	=	0.388	/	0.56
	=	0.69

Great-West Lifeco (OTCPK:GWLIF) 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.

Great-West Lifeco Dividend Payout Ratio Related Terms

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

Great-West Lifeco (Great-West Lifeco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Great-West Lifeco Inc (OTCPK:GWLIF) » Definitions » Dividend Payout Ratio

Comparable Companies

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Address

100 Osborne Street North, Winnipeg, MB, CAN, R3C 1V3

Website

https://www.greatwestlifeco.com

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.