Power Financial Corp (PWF) Declares Quarterly Dividend of $0.41

Power Financial Corp (TSE:PWF) announced a quarterly dividend on Friday, November 10th, Zacks reports. Shareholders of record on Friday, December 29th will be paid a dividend of 0.412 per share by the financial services provider on Thursday, February 1st. This represents a $1.65 dividend on an annualized basis and a yield of 4.72%. The ex-dividend date of this dividend is Thursday, December 28th.

Power Financial (TSE:PWF) traded down C$0.09 on Friday, hitting C$34.91. The stock had a trading volume of 161,700 shares, compared to its average volume of 410,572. Power Financial has a 12 month low of C$31.75 and a 12 month high of C$37.00. The company has a market capitalization of $24,920.00, a PE ratio of 11.83 and a beta of 0.67.

Several research firms have recently weighed in on PWF. Desjardins increased their price objective on Power Financial from C$39.00 to C$40.00 in a research report on Monday, December 4th. Royal Bank of Canada increased their price objective on Power Financial from C$37.00 to C$39.00 and gave the company a “sector perform” rating in a research report on Monday, November 13th. Finally, Barclays increased their price objective on Power Financial from C$37.00 to C$39.00 in a research report on Tuesday, November 7th.

In other news, Director Robert Jeffrey Orr sold 200,000 shares of the stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of C$36.02, for a total value of C$7,204,000.00.

COPYRIGHT VIOLATION WARNING: This story was first posted by Community Financial News and is the property of of Community Financial News. If you are reading this story on another site, it was illegally copied and reposted in violation of United States and international trademark & copyright legislation. The original version of this story can be accessed at https://www.com-unik.info/2017/12/23/power-financial-corp-pwf-declares-quarterly-dividend-of-0-41.html.

Power Financial Company Profile

Power Financial Corp is a Canada-based diversified management and holding company. It has operations in the financial services sector in Canada, the United States and Europe, through its controlling interests in Great- West Lifeco Inc (Lifeco) and IGM Financial Inc (IGM). It operates through three segments: Lifeco, IGM and Pargesa Holding SA (Pargesa).

Dividend History for Power Financial (TSE:PWF)

Receive News & Ratings for Power Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Power Financial and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit