Insurer raises dividend
$417 million vs $336 million a year ago
Post-split shares to begin trading October 6
Preferred shares carry 5.2% annual dividend
Q2 earnings up 54%, premium revenues increase 47%; S&P affirms ratings
Great-West Lifeco Inc.’s acquisition of Canada Life Financial Corp. has helped boost earnings for the Winnipeg-based insurance giant. The Winnipeg-based company net income attributable to common shareholders, including restructuring charges related to last year’s acquisition of Canada Life, came in at $376 million for the three months ended March 31 vs $253 million reported a […]
Canada Life acquisition boosts earnings
Canada Life acquisition contributes to growth
Will consolidate operations in Winnipeg, London