Great-West Lifeco earns $1.1 billion in fourth quarter, raises dividend
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Monthly Digital Subscription
$0 for the first 4 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*No charge for 4 weeks then price increases to the regular rate of $19.00 plus GST every four weeks. Offer available to new and qualified returning subscribers only. Cancel any time.
Monthly Digital Subscription
$4.75/week*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Billed as $19 plus GST every four weeks. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
*Your next subscription payment will increase by $1.00 and you will be charged $16.99 plus GST for four weeks. After four weeks, your payment will increase to $23.99 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
Hey there, time traveller!
This article was published 05/02/2025 (290 days ago), so information in it may no longer be current.
WINNIPEG – Great-West Lifeco Inc. says it earned $1.1 billion in the fourth quarter of 2024, up from $740 million a year earlier.
The Winnipeg, Man.-based insurer raised its dividend and said it intends to repurchase additional common shares in 2025.
The company raised the quarterly dividend by 10 per cent to 61 cents per common share.
Net earnings per common share were $1.20, up from 79 cents during the same quarter last year.
Adjusted earnings, or what Great-West calls base earnings, were $1.1 billion, up from $971 billion.
The company reported a base return on equity of 17.5 per cent, up from 16.6 per cent a year earlier.
This report by The Canadian Press was first published Feb. 5, 2025.
Companies in this story: (TSX:GWO)
