Power Financial Corp (TSE:PWF) Declares Quarterly Dividend of $0.46

Power Financial Corp (TSE:PWF) announced a quarterly dividend on Friday, September 27th, TickerTech reports. Shareholders of record on Friday, November 1st will be given a dividend of 0.4555 per share by the financial services provider on Friday, November 1st. This represents a $1.82 dividend on an annualized basis and a yield of 5.89%. The ex-dividend date is Friday, September 27th.

TSE:PWF traded up C$0.07 on Wednesday, reaching C$30.93. The company’s stock had a trading volume of 526,888 shares, compared to its average volume of 735,210. Power Financial has a 12-month low of C$25.05 and a 12-month high of C$33.27. The company has a quick ratio of 0.96, a current ratio of 4.74 and a debt-to-equity ratio of 48.78. The firm has a market cap of $20.55 billion and a price-to-earnings ratio of 11.01. The stock has a 50 day moving average price of C$28.74 and a 200 day moving average price of C$30.15.

Power Financial (TSE:PWF) last posted its earnings results on Friday, August 2nd. The financial services provider reported C$0.88 EPS for the quarter. The business had revenue of C$3.51 billion during the quarter. Equities research analysts expect that Power Financial will post 3.558848 EPS for the current fiscal year.

PWF has been the topic of a number of research analyst reports. CIBC reduced their target price on Power Financial from C$37.00 to C$33.00 in a research report on Tuesday, August 6th. Royal Bank of Canada reduced their target price on Power Financial from C$36.00 to C$35.00 in a research report on Monday, July 22nd.

About Power Financial

Power Financial Corporation provides financial services in Canada, the United States, Europe, and Asia. It offers life, disability, critical illness, and health insurance products, as well as wealth savings and income products, and specialty products. The company also provides financial products, including employer-sponsored defined contribution plans, individual retirement accounts, enrollment services, communication materials, investment options and education services, fund management services, and investment and advisory services.

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Dividend History for Power Financial (TSE:PWF)

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