Insider Buying: Great-West Lifeco Inc. (GWO) Director Buys 1,000 Shares of Stock
Great-West Lifeco Inc. (TSE:GWO) Director James Mahase Singh acquired 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 5th. The stock was bought at an average cost of C$35.05 per share, for a total transaction of C$35,050.00.
Shares of Great-West Lifeco Inc. (TSE:GWO) traded down C$0.21 on Thursday, reaching C$34.70. 281,487 shares of the company were exchanged, compared to its average volume of 480,665. Great-West Lifeco Inc. has a twelve month low of C$33.01 and a twelve month high of C$37.79.
The business also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 29th will be paid a $0.367 dividend. The ex-dividend date is Thursday, November 30th. This represents a $1.47 dividend on an annualized basis and a yield of 4.23%. Great-West Lifeco’s dividend payout ratio (DPR) is currently 58.82%.
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About Great-West Lifeco
Great-West Lifeco Inc (Lifeco) is a financial services holding company. The Company has interests in the life insurance, health insurance, asset management, investment and retirement savings, and reinsurance businesses. It operates through four operating segments: Canada, United States, Europe and Lifeco Corporate.
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