Great-West Lifeco (TSX:GWO) Dividend Payout Ratio : 0.59 (As of Sep. 2024)

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What is Great-West Lifeco Dividend Payout Ratio?

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 Sep. 2024 was 0.59.

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

TSX:GWO' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.47 Med: 0.52 Max: 0.65
Current: 0.53

During the past 13 years, the highest Dividend Payout Ratio of Great-West Lifeco was 0.65. The lowest was 0.47. And the median was 0.52.

TSX:GWO's Dividend Payout Ratio is ranked worse than
68.3% of 306 companies
in the Insurance industry
Industry Median: 0.37 vs TSX:GWO: 0.53

As of today (2024-12-11), the Dividend Yield % of Great-West Lifeco is 4.63%.

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 4.78%.

Great-West Lifeco's Dividends per Share for the months ended in Sep. 2024 was C$0.56.

During the past 12 months, Great-West Lifeco's average Dividends Per Share Growth Rate was 6.60% 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.

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

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.

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Great-West Lifeco Dividend Payout Ratio Chart

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

0.53

0.52

0.48

0.63

Great-West Lifeco Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.50	0.59	0.48	0.50	0.59

Competitive Comparison of Great-West Lifeco's Dividend Payout Ratio

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's Dividend Payout Ratio Distribution in the 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.

Great-West Lifeco Dividend Payout Ratio Calculation

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 )
	=	2.08	/	3.304
	=	0.63

Great-West Lifeco's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.555	/	0.941
	=	0.59

Great-West Lifeco (TSX:GWO) 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

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 Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

GWLIF:USA 0AH3:UK GWS:Germany GWO.PR.T.PFD:Canada GWO.PR.S.PFD:Canada GWO.PR.R.PFD:Canada GWO.PR.Q.PFD:Canada GWO.PR.P.PFD:Canada GWO.PR.N.PFD:Canada GWO.PR.M.PFD:Canada GWO.PR.L.PFD:Canada GWO.PR.I.PFD:Canada GWO.PR.H.PFD:Canada GWO.PR.G.PFD:Canada

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 31% 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 26%. Great-West Lifeco also offers various products across Europe markets with a strong presence in the UK, Ireland, and Germany. The Europe segment contributed around 21% of adjusted earnings and the reinsurance business accounts for around 22% of adjusted earnings.

Executives

Richard Henry Linton	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Bradley John Fedorchuk	Senior Officer
Sharon Cecilia Geraghty	Senior Officer
Linda Kerrigan	Senior Officer
Christine Marie Moritz	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Dervla Mary Tomlin	Senior Officer
Arshil Jamal	Senior Officer
Paul Mahon	Director, Senior Officer
Charles Donald Harvey Henaire	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Jeffrey Frederick Macoun	Senior Officer
Garry Macnicholas	Senior Officer
Edmund Francis Murphy	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
L.p. Great-west Lifeco U.s. Holdings	Subsidiary
David Martin Harney	Senior Officer
James Mahase Singh	Director

Great-West Lifeco Headlines

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