Power Corp (POW.TO)

PWF is a holding that she has for the income. PWF and POW are going to merge, which is driving up the value of both today. The merger is one way to close the gap between market valuations of the two. There is some thought the dividend will increase and the new entity plans to buy back shares. She will continue to hold as it an income stock. The yield is still over 5%.

He owns PWF instead, which pays a slightly higher dividend. POW is a solid company that's grown for a long time. The generation that's inherited that company may lack the drive of the founder but they are operating  steadily. Worth holding onto, a buy-and-hold.

POW vs. BPY Different business models, so difficult to compare them. Brookfield has superb managers. POW has stalled in recent years. He prefers BPY though both Power stocks have been doing better lately.

POW vs. PWF POW has better liquidity so institutional investors prefer it. For growth, though, these are plays on life insurance. The PWF yield is over 6% and tantalizing. They likely won't cut the dividend, but probably will pause dividend growth. There are better stocks in asset management or insurance. He wouldn't buy either for capital appreciation.