It recently got re-amalgamated with the holding company. He prefers TD-T at these levels. He worries about the Great West Life part of PWF-T. TD-T has a bigger US presence.
It recently got re-amalgamated with the holding company. He prefers TD-T at these levels. He worries about the Great West Life part of PWF-T. TD-T has a bigger US presence.
Investors are quite happy with the recent news to merge this with POW-T which will drive the stock higher. He hopes they exit more businesses that aren't core, like in industrial.
Investors are quite happy with the recent news to merge this with POW-T which will drive the stock higher. He hopes they exit more businesses that aren't core, like in industrial.
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%.
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%.
A function of how GreatWest Life does. GWO had a solid earnings that helps them. He expects 5% earnings per share growth. It's cheap at 8.8x with a well covered dividend. Not exciting but you can get dividend growth.
A function of how GreatWest Life does. GWO had a solid earnings that helps them. He expects 5% earnings per share growth. It's cheap at 8.8x with a well covered dividend. Not exciting but you can get dividend growth.
A subsidiary of Power Corp. Power Financial gives direct exposure to Great West Life, Investors Group and Mackenzie Investments. The insurance business is tough right now as they require actuarial returns of 6% per year, which they used to be able to do with bonds when interest rates were higher. Margins are narrowing as well. It is a stock that pays a great dividend and it should provide high single-digit returns each year including the dividend. You could buy it on weakness.
A subsidiary of Power Corp. Power Financial gives direct exposure to Great West Life, Investors Group and Mackenzie Investments. The insurance business is tough right now as they require actuarial returns of 6% per year, which they used to be able to do with bonds when interest rates were higher. Margins are narrowing as well. It is a stock that pays a great dividend and it should provide high single-digit returns each year including the dividend. You could buy it on weakness.
He prefers SLF-T. PWF-T always looks cheap. He wants not just great dividend yield but growth. He wants 10% to qualify for him to do the research. Negative interest rates just don't work.
For a long-term investor The stock has been sideways for a decade, though it pays a decent, safe dividend. The same goes with POW-T. It's a defensive stock during a recession. Otherwise, don't expect growth going forward.
For a long-term investor The stock has been sideways for a decade, though it pays a decent, safe dividend. The same goes with POW-T. It's a defensive stock during a recession. Otherwise, don't expect growth going forward.
