Great-West Lifeco's Preferred Shares, Series P, Cross 5.5% Yield Mark

In trading on Tuesday, shares of Great-West Lifeco Inc's Non-Cumulative First Preferred Shares, Series P (TSX: GWO-PRP.TO) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.35), with shares changing hands as low as $24.53 on the day. As of last close, GWO.PRP was trading at a 1.60% discount to its liquidation preference amount. Investors should keep in mind that the shares are not cumulative, meaning that in the event of a missed payment, the company does not have to pay the balance of missed dividends to preferred shareholders before resuming a common dividend.

The chart below shows the one year performance of GWO.PRP shares, versus GWO:

Below is a dividend history chart for GWO.PRP, showing historical dividend payments on Great-West Lifeco Inc's Non-Cumulative First Preferred Shares, Series P: Free Report: Top 8%+ Dividends (paid monthly)

In Tuesday trading, Great-West Lifeco Inc's Non-Cumulative First Preferred Shares, Series P (TSX: GWO-PRP.TO) is currently up about 0.2% on the day, while the common shares (TSX: GWO.TO) are up about 0.6%.

Also see: • HABT YTD Return
• SMH YTD Return
• XAR Average Annual Return


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