Power Financial Corporation operates as an international management and holding company with interests in financial services and asset management businesses in Canada, the United States, and Europe. It offers life, disability, critical illness, accidental death, dismemberment, dental protection, creditor, and health insurance; retirement and investment management; and reinsurance and retrocession; and investment advisory, financial planning, and related services, as well as wealth savings and income products, and specialty products. The company also provides employer-sponsored defined contribution plans, individual retirement accounts, enrollment services, communication materials, investment options and education services, fund management services, and investment and advisory services. In addition, it offers private label record keeping and administrative services; investment products, such as equity, fixed income, absolute return and alternative strategies, hedge fund, and model-based separately managed accounts and portfolios; and protection and wealth management products, such as payout annuities, equity release mortgages, life bonds, retirement drawdown, and pension, as well as securities, mortgages, and other financial services; and private equity, and debt and thematic funds. Further, the company holds interests in various businesses, such as mineral-based specialty solutions; testing, inspection, and certification; cement, aggregates, and concrete; wines and spirits; sporting goods design and distribution; materials technology and recycling of precious metals; food and beverage; disposable hygiene products; Atlantic salmon; customer experience and business process outsourcing; developer and publisher of mobile games; and regional leisure parks. Additionally, it operates a digital investing platform. The company was founded in 1984 and is based in Montréal, Canada. Power Financial Corporation is a subsidiary of Power Corporation of Canada.
Power Financial Canada Dividend Announcement
• Power Financial Canada announced a quarterly dividend of C$0.00 per ordinary share which will be made payable on 2024-10-31. Ex dividend date: 2024-10-10
• Power Financial Canada annual dividend for 2024 was C$0.97
• Power Financial Canada annual dividend for 2023 was C$1.29
• Power Financial Canada's trailing twelve-month (TTM) dividend yield is 4.43%
• Power Financial Canada's payout ratio for the trailing twelve months (TTM) is 43.48%
• Power Financial Canada's dividend growth over the last five years (2018-2023) was 5.92% year
Power Financial Canada Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-10 | C$0.00 | quarterly | 2024-10-31 |
| 2024-07-10 | C$0.32 | quarterly | 2024-07-31 |
| 2024-04-08 | C$0.32 | quarterly | |
| 2024-01-09 | C$0.32 | quarterly | |
| 2023-10-06 | C$0.32 | quarterly | 2023-10-31 |
| 2023-07-07 | C$0.32 | quarterly | 2023-07-31 |
| 2023-04-05 | C$0.32 | quarterly | 2023-04-30 |
| 2023-01-09 | C$0.32 | quarterly | 2023-01-31 |
| 2022-10-06 | C$0.32 | quarterly | |
| 2022-07-07 | C$0.32 | quarterly | |
| 2022-04-07 | C$0.32 | quarterly | |
| 2022-01-07 | C$0.32 | quarterly | |
| 2021-10-07 | C$0.32 | quarterly | |
| 2021-07-08 | C$0.32 | quarterly | |
| 2021-04-08 | C$0.32 | quarterly | |
| 2021-01-07 | C$0.32 | quarterly | |
| 2020-10-08 | C$0.32 | quarterly | |
| 2020-07-09 | C$0.32 | quarterly | |
| 2020-04-08 | C$0.32 | quarterly | |
| 2020-01-09 | C$0.32 | quarterly | |
| 2019-10-09 | C$0.32 | quarterly | |
| 2019-07-09 | C$0.32 | quarterly | |
| 2019-04-08 | C$0.32 | quarterly | |
| 2019-01-09 | C$0.32 | quarterly | |
| 2018-10-09 | C$0.32 | quarterly | |
| 2018-07-09 | C$0.32 | quarterly | |
| 2018-04-06 | C$0.32 | quarterly |
Power Financial Canada Dividend per year
Power Financial Canada Dividend growth
Power Financial Canada Dividend Yield
Power Financial Canada current trailing twelve-month (TTM) dividend yield is 4.43%. Interested in purchasing Power Financial Canada stock? Use our calculator to estimate your expected dividend yield:
Power Financial Canada Financial Ratios
P/E ratio0.00
PEG ratio0.00
P/B ratio0.00
ROE14.95%
Payout ratio43.48%
Current ratio2.88
Quick ratio2.88
Cash Ratio1.37
Power Financial Canada Dividend FAQ
How much is the next Power Financial Canada dividend?
Power Financial Canada's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Power Financial Canada dividend. The next Power Financial Canada dividend will be released in January, April, July, or October.
When is Power Financial Canada dividend paid?
Power Financial Canada pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Power Financial Canada pay?
The specific amount of Power Financial Canada dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Power Financial Canada's dividend history.
Does Power Financial Canada stock pay dividends?
Yes, Power Financial Canada does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Power Financial Canada's dividend history.
How much dividend does Power Financial Canada pay?
Power Financial Canada paid C$0.966 in 2024, C$1.288 in 2023, C$1.288 in 2022, C$1.288 in 2021, and C$1.288 in 2020.
How often does Power Financial Canada pay dividends?
Power Financial Canada typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and October.
What is Power Financial Canada's dividend yield?
The current dividend yield for Power Financial Canada is 4.43%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Power Financial Canada's exact dividend yield.
When does Power Financial Canada go ex dividend?
Power Financial Canada's ex-dividend date for the latest dividend was on 2024-10-10. Power Financial Canada typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Power Financial Canada dividend paid?
Power Financial Canada pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will Power Financial Canada increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Power Financial Canada will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Power Financial Canada dividend per share?
Power Financial Canada paid C$0.966 per share in 2024 and C$1.288 per share in 2023. The amount of dividend per share that Power Financial Canada pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Power Financial Canada a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Power Financial Canada a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Power Financial Canada a dividend stock?
Yes, Power Financial Canada is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Power Financial Canada a good dividend stock?
Whether Power Financial Canada is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Power Financial Canada has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Power Financial Canada as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Power Financial Canada as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Power Financial Canada pay dividends monthly?
Power Financial Canada typically pays dividends on a quarterly basis.
Does Power Financial Canada pay dividends quarterly?
Power Financial Canada currently pays dividends on a quarterly basis.
Has Power Financial Canada ever paid a dividend?
Yes, Power Financial Canada has a history of paying dividends to its shareholders. Power Financial Canada is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Power Financial Canada dividend stocks?
To buy Power Financial Canada you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Power Financial Canada stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Power Financial Canada stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Power Financial Canada pay dividends 2024?
Power Financial Canada pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-31. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Power Financial Canada increase its dividend in 2024?
Decisions regarding Power Financial Canada dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Power Financial Canada dividend overview you can look into the above table of dividend history.
How Power Financial Canada dividend works?
The Power Financial Canada dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Power Financial Canada's dividend process works:
1. Determination of Dividend: Power Financial Canada's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Power Financial Canada publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Power Financial Canada distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Power Financial Canada are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Power Financial Canada's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Power Financial Canada publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Power Financial Canada distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Power Financial Canada are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Power Financial Canada dividends paid?
Power Financial Canada dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Power Financial Canada sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Power Financial Canada distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Power Financial Canada declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Power Financial Canada sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Power Financial Canada distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Power Financial Canada declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Power Financial Canada pay dividends?
Power Financial Canada typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Power Financial Canada pay dividends?
The general pattern is that Power Financial Canada pays dividends around January, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Power Financial Canada dividend safe?
The safety of Power Financial Canada's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Power Financial Canada's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Power Financial Canada's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Power Financial Canada's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Power Financial Canada's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.