Great-West Lifeco earns $1.1 billion in fourth quarter, raises dividend Great-West Lifeco earns $1.1 billion in Q4 Feb 5, 2025 Feb 5, 2025 SMS Email The corporate logo for Great-West Lifeco Inc. is shown in an undated handout photo. THE CANADIAN PRESS/HO GAC SMS Email Print Copy article link Save 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 ºÃÉ«tvwas first published Feb. 5, 2025.Companies in this story: (TSX:GWO) The ºÃÉ«tv Press. All rights reserved. SMS Email Print Copy article link Save Tags Business Finance Insurance More Business Stories TSX rises, U.S. markets mixed after more tariffs take effect, BoC cuts rate Trump's Truth Social gets a lifeline after deadline for a big cash infusion is extended Teck Resources cuts guidance for steelmaking coal; outage continues at Elkview mine +2 Roku will stream weekly MLB game on Sundays. Viewers won't need one of the service's devices +3 NASA decides to keep 2 astronauts in space until February, nixes return on troubled Boeing capsule Toyota Canada issues 'Do not drive' warning for 7,300 cars over airbag defects +5 Oil and gas have boomed in New Mexico. Its schools are contending with pollution’s effects Sunwing Vacations halts Cuba service indefinitely amid island fuel shortage Waste flare gas from oil drilling sites to help power Saskatchewan's electricity grid Zach Bryan drops 'All My Homies Hate Ticketmaster' album You might be interested in Former child actor Daveigh Chase, 'The Ring' villain and Lilo voice, dies at 35 IRCC pauses processing some citizenship by descent cases as department probes issues Civilian justice system takes over from military police on sexual offence complaints +10 Alanis Morissette shines, Michael Bublé forgets the gig at Canada's World Cup opener Sponsored Content How credit unions are helping ºÃÉ«tvs break into the housing market Most ºÃÉ«tvs grow up with the dream of owning their own home—a milestone that me… Events Coming Up in June Similar Stories US-Iran talks begin Sunday in Switzerland as Tehran closes the strait over Lebanon fighting Bolivia’s president declares a state of emergency as road blockades choke supplies Dolce & Gabbana imagines a Mediterranean escape in menswear built for the heat
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How credit unions are helping ºÃÉ«tvs break into the housing market Most ºÃÉ«tvs grow up with the dream of owning their own home—a milestone that me…
