Power Corporation of Canada operates as an international management and holding company in North America, Europe, and Asia. It operates through Lifeco, IGM Financial, and GBL segments. The company offers life, disability, critical illness, accidental death, dismemberment, health and dental protection, and creditor insurance; retirement and investment management; asset management; and reinsurance and retrocession; investment advisory, financial planning, and related services; and fund, protection, and wealth management services. It also provides employer-sponsored defined contribution plan, individual retirement account and drawdown, enrollment, communication material, investment option, and education services, as well as taxable brokerage accounts; private label recordkeeping and administrative services; payout annuities, equity release mortgages, life bonds, mortgage, securities, pension, private equity, debt and thematic fund, and financial services; and investment products, such as equity, fixed income, absolute return and alternative strategies, exchange traded funds, trust funds, and model-based separately managed accounts and portfolios. In addition, the company holds interests in various businesses, such as mineral-based specialty solutions; testing, inspection, and certification; cement, aggregates, and concrete; wines and spirits; sportswear and sports equipment design and distribution; materials technology and recycling of precious metals; disposable hygiene products; Atlantic salmon; customer experience and business process outsourcing; regional leisure parks; mobile game development and publishing; and bicycle manufacturing. Further, it generates renewable energy through solar and wind facilities; and designs, develops, and manufactures specification-grade LED solutions and zero-emission vehicles. The company was incorporated in 1925 and is based in Montréal, Canada. Power Corporation of Canada operates as a subsidiary of Pansolo Holding Inc.
Power of Canada Dividend Announcement
• Power of Canada announced a quarterly dividend of $0.42 per ordinary share which will be made payable on 2024-11-01. Ex dividend date: 2024-09-27
• Power of Canada annual dividend for 2024 was $1.24
• Power of Canada annual dividend for 2023 was $1.57
• Power of Canada's trailing twelve-month (TTM) dividend yield is 5.09%
• Power of Canada's payout ratio for the trailing twelve months (TTM) is 50.63%
• Power of Canada's dividend growth over the last five years (2018-2023) was 4.76% year
• Power of Canada's dividend growth over the last ten years (2013-2023) was 3.23% year
Power of Canada Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-27 | $0.42 | quarterly | 2024-11-01 |
| 2024-06-28 | $0.41 | quarterly | 2024-08-01 |
| 2024-03-27 | $0.41 | quarterly | |
| 2023-12-28 | $0.40 | quarterly | 2024-02-01 |
| 2023-09-28 | $0.39 | quarterly | 2023-11-01 |
| 2023-06-29 | $0.40 | quarterly | 2023-08-01 |
| 2023-03-30 | $0.39 | quarterly | 2023-05-01 |
| 2022-12-29 | $0.36 | quarterly | 2023-02-01 |
| 2022-09-28 | $0.36 | quarterly | 2022-11-01 |
| 2022-06-29 | $0.39 | quarterly | 2022-07-29 |
| 2022-03-30 | $0.40 | quarterly | 2022-04-29 |
| 2021-12-30 | $0.39 | quarterly | 2022-02-01 |
| 2021-09-28 | $0.35 | quarterly | 2021-11-01 |
| 2021-06-29 | $0.36 | quarterly | 2021-07-30 |
| 2021-03-30 | $0.35 | quarterly | 2021-04-30 |
| 2020-12-30 | $0.35 | quarterly | 2021-02-01 |
| 2020-09-29 | $0.34 | quarterly | 2020-10-30 |
| 2020-06-29 | $0.33 | quarterly | 2020-07-31 |
| 2020-03-30 | $0.32 | quarterly | 2020-05-01 |
| 2020-02-04 | $0.30 | quarterly | 2020-03-31 |
| 2019-12-09 | $0.31 | quarterly | 2019-12-31 |
| 2019-09-06 | $0.31 | quarterly | 2019-09-30 |
| 2019-06-06 | $0.30 | quarterly | 2019-06-28 |
| 2019-03-07 | $0.38 | quarterly | 2019-03-29 |
| 2018-12-07 | $0.38 | quarterly | 2018-12-31 |
| 2018-09-06 | $0.29 | quarterly | 2018-09-28 |
| 2018-06-07 | $0.29 | quarterly | 2018-06-30 |
| 2018-03-07 | $0.28 | quarterly | 2018-03-29 |
| 2017-12-07 | $0.28 | quarterly | 2017-12-29 |
| 2017-09-07 | $0.29 | quarterly | 2017-09-29 |
| 2017-06-07 | $0.27 | quarterly | 2017-06-30 |
| 2017-03-08 | $0.25 | quarterly | 2017-03-31 |
| 2016-12-07 | $0.25 | quarterly | |
| 2016-09-07 | $0.26 | quarterly | |
| 2016-06-07 | $0.26 | quarterly | |
| 2016-03-08 | $0.23 | quarterly | |
| 2015-12-08 | $0.23 | quarterly | |
| 2015-09-04 | $0.24 | quarterly | |
| 2015-06-05 | $0.25 | quarterly | |
| 2015-03-06 | $0.23 | quarterly | |
| 2014-12-08 | $0.25 | quarterly | |
| 2014-09-05 | $0.27 | quarterly | |
| 2014-06-05 | $0.27 | quarterly | |
| 2014-03-06 | $0.26 | quarterly | |
| 2013-12-06 | $0.27 | quarterly | |
| 2013-09-05 | $0.29 | quarterly | |
| 2013-06-05 | $0.29 | quarterly | |
| 2013-03-20 | $0.29 | quarterly |
Power of Canada Dividend per year
Power of Canada Dividend growth
Power of Canada Dividend Yield
Power of Canada current trailing twelve-month (TTM) dividend yield is 5.09%. Interested in purchasing Power of Canada stock? Use our calculator to estimate your expected dividend yield:
Power of Canada Financial Ratios
P/E ratio10.14
PEG ratio7.73
P/B ratio1.28
ROE12.83%
Payout ratio50.63%
Current ratio8.69
Quick ratio8.69
Cash Ratio3.22
Power of Canada Dividend FAQ
How much is the next Power of Canada dividend?
Power of 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 of Canada dividend. The next Power of Canada dividend will be released in March, June, September, or December.
When is Power of Canada dividend paid?
Power of Canada pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. 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 of Canada pay?
The specific amount of Power of 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 of Canada's dividend history.
Does Power of Canada stock pay dividends?
Yes, Power of 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 of Canada's dividend history.
How much dividend does Power of Canada pay?
Power of Canada paid $1.243 in 2024, $1.57 in 2023, $1.506 in 2022, $1.459 in 2021, and $1.632 in 2020.
How often does Power of Canada pay dividends?
Power of 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 March, June, September, and December.
What is Power of Canada's dividend yield?
The current dividend yield for Power of Canada is 5.09%. 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 of Canada's exact dividend yield.
When does Power of Canada go ex dividend?
Power of Canada's ex-dividend date for the latest dividend was on 2024-09-27. Power of 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 of Canada dividend paid?
Power of Canada pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Power of 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 of 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 of Canada dividend per share?
Power of Canada paid $1.243 per share in 2024 and $1.57 per share in 2023. The amount of dividend per share that Power of 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 of 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 of 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 of Canada a dividend stock?
Yes, Power of 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 of Canada a good dividend stock?
Whether Power of 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 of Canada has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Power of 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 of 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 of Canada pay dividends monthly?
Power of Canada typically pays dividends on a quarterly basis.
Does Power of Canada pay dividends quarterly?
Power of Canada currently pays dividends on a quarterly basis.
Has Power of Canada ever paid a dividend?
Yes, Power of Canada has a history of paying dividends to its shareholders. Power of Canada is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Power of Canada dividend stocks?
To buy Power of 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 of 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 of 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 of Canada pay dividends 2024?
Power of Canada pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-01. 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 of Canada increase its dividend in 2024?
Decisions regarding Power of 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 of Canada dividend overview you can look into the above table of dividend history.
How Power of Canada dividend works?
The Power of 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 of Canada's dividend process works:
1. Determination of Dividend: Power of 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 of 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 of 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 of 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 of 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 of 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 of 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 of 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 of Canada dividends paid?
Power of Canada dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Power of 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 of 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 of 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 of 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 of 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 of 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 of Canada pay dividends?
Power of 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 of Canada pay dividends?
The general pattern is that Power of Canada pays dividends around March, June, September, and December. 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 of Canada dividend safe?
The safety of Power of 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 of 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 of 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 of 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 of 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.