tiprankstipranks
Great-West Lifeco Reports Record Earnings and Increases Dividend
Company Announcements

Great-West Lifeco Reports Record Earnings and Increases Dividend

Story Highlights

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

Great-West Lifeco ( (TSE:GWO) ) just unveiled an update.

Great-West Lifeco Inc. reported record fourth quarter and full-year 2024 earnings, with base earnings reaching $1.1 billion for the quarter and $4.2 billion for the year, reflecting increases of 15% and 14% respectively compared to the previous year. The company also announced a 10% dividend increase and plans for additional share repurchases, highlighting its strategic focus on shareholder value and robust financial performance amid economic uncertainties.

More about Great-West Lifeco

Great-West Lifeco Inc. is a member of the Power Corporation Group of Companies and operates in the financial services industry. The company focuses on providing insurance, retirement, and investment services across various markets, demonstrating a diversified business presence in several countries.

YTD Price Performance: -0.19%

Average Trading Volume: 2,745,063

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: C$43.66B

For detailed information about GWO stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App