PWF.TO - Power Financial Corporation

Toronto - Toronto Delayed Price. Currency in CAD
29.83
+0.10 (+0.34%)
At close: 4:18PM EDT
Stock chart is not supported by your current browser
Previous Close29.73
Open29.79
Bid29.85 x 0
Ask29.86 x 0
Day's Range29.65 - 30.08
52 Week Range25.05 - 33.27
Volume463,017
Avg. Volume803,067
Market Cap19.81B
Beta (3Y Monthly)0.88
PE Ratio (TTM)9.72
EPS (TTM)3.07
Earnings DateAug 2, 2019
Forward Dividend & Yield1.78 (5.96%)
Ex-Dividend Date2019-06-27
1y Target Est34.57
  • Power Financial Corporation (TSE:PWF) Is Yielding 6.1% - But Is It A Buy?
    Simply Wall St.yesterday

    Power Financial Corporation (TSE:PWF) Is Yielding 6.1% - But Is It A Buy?

    Today we'll take a closer look at Power Financial Corporation (TSE:PWF) from a dividend investor's perspective. Owning...

  • 3 Passive-Income Stocks to Start Up Your TFSA Dividend Fund
    The Motley Fool9 days ago

    3 Passive-Income Stocks to Start Up Your TFSA Dividend Fund

    TransAlta Renewables Inc. (TSX:RNW), Toronto-Dominion Bank (TSX:TD)(NYSE:TD), and one other stock offer investors the perfect trio to start a highly lucrative passive-income TFSA portfolio.

  • Is There Now An Opportunity In Power Financial Corporation (TSE:PWF)?
    Simply Wall St.19 days ago

    Is There Now An Opportunity In Power Financial Corporation (TSE:PWF)?

    Power Financial Corporation (TSE:PWF) received a lot of attention from a substantial price movement on the TSX over...

  • Power Corporation (TSX:POW) vs. Power Financial (TSX:PWF): Which Is the Better Buy?
    The Motley Fool21 days ago

    Power Corporation (TSX:POW) vs. Power Financial (TSX:PWF): Which Is the Better Buy?

    Power Corporation of Canada (TSX:POW) and Power Financial Corp (TSX:PWF) both offer investors a high yield and stable dividend.

  • How to Generate $7,000 in Annual Tax-Free Passive Income
    The Motley Fool21 days ago

    How to Generate $7,000 in Annual Tax-Free Passive Income

    Power Financial Corp. (TSX:PWF) is one of many Canadian stocks that pays attractive and growing dividends and that deserve to be on your radar today.

  • CNBC27 days ago

    Wealthsimple raises $75 million and says it's closer on path toward an IPO

    The round was led by the digital investment arm of Germany's Allianz, with additional backing coming from early investor Power Financial. Wealthsimple CEO Michael Katchen tells CNBC he sees the funding as a "great step" in bringing the firm closer to a stock market debut. Katchen says Wealthsimple is looking to "ultimately replace banks" in becoming the "primary financial partner" for clients.

  • Bloomberg27 days ago

    Robo Adviser Wealthsimple Adds Allianz as SharehoIder

    Allianz X, the tech investment fund of Munich-based insurer and asset manager Allianz SE, owns about 10 percent of Wealthsimple after leading a financing round of C$100 million ($74.7 million) for the fintech start-up. Allianz will also appoint a board member, the companies said Wednesday in a statement. Power, which injected fresh cash directly and through IGM Financial Inc., retains about 65 percent.

  • Power Financial (TSX:PWF) Stock: A Forgotten Financial Powerhouse
    The Motley Fool27 days ago

    Power Financial (TSX:PWF) Stock: A Forgotten Financial Powerhouse

    Despite the hefty dividend of 6.7%, Power Financial Corporation (TSX:PWF) hasn’t generated much press lately. Why has the investment world seemingly forgotten about this financial powerhouse?

  • Staying Calm in a Falling Market
    The Motley Foollast month

    Staying Calm in a Falling Market

    Kinder Morgan Canada Limited (TSX:KML)(NYSE:KMI) and Power Financial Corp. (TSX:PWF) remain as good choices in a falling market but investors should steer clear of embattled SNC-Lavalin Group Inc. (TSX:SNC).

  • How Canadian Couples Can Collect $750 Per Month in Tax-Free Passive Income
    The Motley Foollast month

    How Canadian Couples Can Collect $750 Per Month in Tax-Free Passive Income

    Here's how dividend-growth stocks such as Power Financial Corp (TSX:PWF) can help you set up a passive-income portfolio in your TFSA.

  • CNW Grouplast month

    Power Corporation Reports First Quarter 2019 Financial Results and Dividend Increase

    Power Corporation announced on April 17, 2019 the successful completion of its substantial issuer bid to repurchase for cancellation $1.35 billion of its subordinate voting shares. The Corporation also announced its participation in Power Financial Corporation's (Power Financial) substantial issuer bid to repurchase for cancellation $1.65 billion of its common shares. Power Corporation's proceeds from its participation in the Power Financial substantial issuer bid were $1.4 billion.

  • CNW Grouplast month

    Power Financial Announces Election of Directors

    TORONTO , May 13, 2019 /CNW Telbec/ - In accordance with the Toronto Stock Exchange Company Manual, Power Financial Corporation (TSX: PWF) is issuing this news release to disclose that the nominees listed ...

  • CNW Grouplast month

    Power Financial Reports First Quarter 2019 Financial Results

    TORONTO, May 13, 2019 /CNW Telbec/ - Power Financial Corporation (Power Financial or the Corporation) (TSX:PWF.TO - News) today reported earnings results for the three months ended March 31, 2019. Power Financial announced on April 17, 2019 the successful completion of its substantial issuer bid to repurchase for cancellation $1.65 billion of its common shares. The Corporation also announced its participation in Great-West Lifeco Inc.'s (Lifeco) substantial issuer bid to repurchase for cancellation $2.0 billion of its common shares.

  • CNW Grouplast month

    Media Advisory - Power Financial's 2019 Annual Meeting of Shareholders

    MONTRÉAL, May 9, 2019 /CNW Telbec/ - Power Financial Corporation's (TSX:PWF.TO - News) Annual Meeting of Shareholders will be held on Monday, May 13, 2019 at 11 a.m., local time, at the Shangri-La Hotel, Queen's Park room, 188 University Avenue, Toronto, Ontario. Management's presentation at the Annual Meeting of Shareholders will be webcast live at 11 a.m., local time. Power Financial Corporation is a diversified international management and holding company with interests substantially in the financial services sector in Canada, the United States and Europe.

  • Is Power Financial Corporation (TSE:PWF) Excessively Paying Its CEO?
    Simply Wall St.last month

    Is Power Financial Corporation (TSE:PWF) Excessively Paying Its CEO?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Robert Orr has been the CEO of Power Financial Corporation (TSE:PWF) since 2005. This repo...

  • CNW Grouplast month

    The AIR MILES® Reward Program and Wealthsimple Collaborate to Offer Collectors a New Way to Get Bonus Miles

    TORONTO, May 6, 2019 /CNW/ - The AIR MILES Reward Program and Wealthsimple are excited to announce a new offer that gives Collectors the ability to get Bonus Miles when creating and funding a new Wealthsimple Invest account. Beginning today, Collectors who open an eligible Wealthsimple Invest account for the first time and fund it with a minimum of $500 within the first 90 days will get 400 Bonus Miles.

  • 2 High-Yield Stocks That Could Rise 50% in 2019
    The Motley Fool2 months ago

    2 High-Yield Stocks That Could Rise 50% in 2019

    Power Financial (TSX:PWF) and another unloved Canadian dividend stock have picked up a nice tailwind in 2019. How high could these stocks go?

  • CNW Group2 months ago

    Power Corporation Announces Final Results of Substantial Issuer Bid

    Readers are referred to the section "Forward-Looking Statements" at the end of this release. MONTRÉAL, April 17, 2019 /CNW Telbec/ - Power Corporation of Canada (the "Corporation" or "PCC") (TSX:POW.TO - News) today announced that, under the Corporation's substantial issuer bid (the "PCC Offer"), it has taken up and is purchasing for cancellation 40,909,041 of its subordinate voting shares ("Shares") at a purchase price of $33.00 per Share representing $1.35 billion of its subordinate voting shares. Great-West Lifeco Inc. ("Great-West") (TSX:GWO.TO - News), a subsidiary of Power Financial Corporation ("Power Financial" or "PFC") (TSX:PWF.TO - News), itself a subsidiary of Power Corporation, announced today that, under Great-West's substantial issuer bid, it will take up and purchase for cancellation 59,700,974 of its common shares at a purchase price of $33.50 per common share.

  • CNW Group2 months ago

    Power Financial Announces Final Results of Substantial Issuer Bid

    Readers are referred to the section "Forward-Looking Statements" at the end of this release. MONTRÉAL, April 17, 2019 /CNW Telbec/ - Power Financial Corporation (the "Corporation" or "PFC") (TSX:PWF.TO - News) today announced that, under the Corporation's substantial issuer bid (the "PFC Offer"), it has taken up and is purchasing for cancellation 49,999,973 of its common shares ("Shares") at a purchase price of $33.00 per Share representing $1.65 billion of its common shares. Great-West Lifeco Inc. ("Great-West") (TSX:GWO.TO - News) a subsidiary of the Corporation, announced today that it will take up and purchase for cancellation 59,700,974 of its common shares at a purchase price of $33.50 per common share of Great-West (the "Great-West Shares").

  • Power Financial Corporation (TSE:PWF) Has A ROE Of 10%
    Simply Wall St.2 months ago

    Power Financial Corporation (TSE:PWF) Has A ROE Of 10%

    One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. To keep the lesson grounded in...

  • CNW Group2 months ago

    Power Corporation Announces Preliminary Results of Substantial Issuer Bid

    MONTRÉAL, April 15, 2019 /CNW Telbec/ - Power Corporation of Canada (the "Corporation" or "PCC") (TSX:POW.TO - News) today announced the preliminary results of its substantial issuer bid (the "PCC Offer") to repurchase for cancellation up to $1.35 billion of its subordinate voting shares ("Shares"). The PCC Offer expired at 2:00 p.m. on April 13, 2019. Great-West Lifeco Inc. ("Great-West") (TSX:GWO.TO - News), a subsidiary of Power Financial Corporation ("Power Financial" or "PFC") (TSX:PWF.TO - News), itself a subsidiary of Power Corporation, announced today its preliminary results from its own substantial issuer bid (the "Great-West Offer") whereby Great-West expects to take up and purchase for cancellation approximately 59.7 million common shares of Great-West ("Great-West Shares") (including Great-West Shares tendered by notice of guaranteed delivery) at a purchase price of $33.50 per Great-West Share.

  • CNW Group2 months ago

    Power Financial Announces Preliminary Results of Substantial Issuer Bid

    Readers are referred to the section "Forward-Looking Statements" at the end of this release. MONTRÉAL, April 15, 2019 /CNW Telbec/ - Power Financial Corporation (the "Corporation" or "PFC") (TSX:PWF.TO - News) today announced the preliminary results of its substantial issuer bid (the "PFC Offer") to purchase for cancellation up to $1.65 billion of its common shares ("Shares"). The PFC Offer expired at 11:00 a.m. on April 13, 2019.

  • 3 Reasons to Ride This Stock’s Exciting Rebound   
    The Motley Fool2 months ago

    3 Reasons to Ride This Stock’s Exciting Rebound   

    Power Corporation (TSX:POW) stock has finally come alive after three years being rangebound. Here’s why the momentum should continue.

  • Value Investors: 3 Cheap Dividend Stocks to Consider Today
    The Motley Fool2 months ago

    Value Investors: 3 Cheap Dividend Stocks to Consider Today

    Vermillion Energy (TSX:VET) (NYSE:VET) and two other high-yield Canadian dividend stocks deserve a closer look today. Here's why.