Great-West Lifeco Reports Record Earnings and Increases Dividend

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.