Seeking Alpha

Great-West Lifeco, Inc. (GWLIF)

- OTCPK - Current
  • Sep. 27, 2013, 9:15 AM
    • Canadian life insurance company investors shouldn't yet get their hopes up for dividend hikes or share buybacks, says CIBC's Robert Sedran. "Restoring leverage ratios closer to pre-crisis levels is – and should be – the first priority,” he tells clients.
    • Payout ratios in the years ahead of the financial crisis ranged from about 20%-40% and - even with no dividend hikes - they'll be higher next year.
    • Sedran, however, remains a fan of the sector, seeing improved earnings growth and continued healing in balance sheets moving forward.
    • Manulife (MFC) is rated a Sector Outperform, while Sun Life (SLF), Industrial Alliance (IDLLF.PK), and Great-West (GWLIF.PK) are rated Sector Perform.
    | Comment!
Visit Seeking Alpha's
GWLIF vs. ETF Alternatives
Company Description
Currently, there's no company description for GWLIF.