Power Financial Corp (TSE:PWF) announced a quarterly dividend on Friday, November 10th, Zacks reports. Investors 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 is Thursday, December 28th.

Shares of Power Financial (PWF) traded down C$0.09 during trading on Friday, reaching C$34.91. 161,700 shares of the company were exchanged, 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 stock has a market cap of $24,920.00, a PE ratio of 11.83 and a beta of 0.67.

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

A number of analysts recently weighed in on PWF shares. Desjardins upped their price target on shares of Power Financial from C$39.00 to C$40.00 in a research report on Monday, December 4th. Royal Bank of Canada boosted their price objective on shares of Power Financial from C$37.00 to C$39.00 and gave the stock a “sector perform” rating in a report on Monday, November 13th. Finally, Barclays boosted their price objective on shares of Power Financial from C$37.00 to C$39.00 in a report on Tuesday, November 7th.

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About Power Financial

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)

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