Great-West Lifeco
GWO-PM.TO (TSX)
Great-West Lifeco has shown impressive growth, with a 14.4% increase in February 2025 and a solid year-over-year performance of 33.4%. Investors can benefit from a dividend yield of 5.61%, although the stock's one-year return stands at only 3.93%, reflecting some challenges in the recent past. Despite this, the company is anticipated to grow earnings and revenue at rates of 6.4% and 4.3% per annum, making it a suitable choice for those seeking reliable income from a financially healthy company.
Pros:
- Strong market position in insurance
- Consistent dividend payments
Cons:
- Market competition
- Economic sensitivity
Great-West Lifeco (GWO-PM.TO) may be a suitable investment for income-focused investors seeking a stable dividend yield of 5.61%, despite its modest one-year return of 3.93% and flat five-year performance. The company's anticipated earnings and revenue growth rates suggest potential for long-term value, making it a viable option for those prioritizing steady income from a financially sound entity.