MONTREAL — Power Corporation of Canada says it earned $527 million in the second quarter, a 47 per cent decline from the prior year's quarter. The Montreal-based management and holding company — which holds economic interests in insurance, retirement, wealth management and investment businesses — reported net profit of 78 cents per share, compared with the $994 million or $1.47 per share it earned in the second quarter of 2021. On an adjusted basis, Power Corp. reported second-quarter net earnin
Power Corporation of Canada (Power Corporation or the Corporation) (TSX: POW) today reported earnings results for the three and six months ended June 30, 2022.
Power Corporation of Canada (TSX:POW) could be in a strong position. The post This 6% Dividend Stock Is Well Positioned for Rising Interest Rates appeared first on The Motley Fool Canada.