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Bullboard - Stock Discussion Forum Power Corporation of Canada T.POW

Alternate Symbol(s):  T.POW.PR.A | PWCDF | T.POW.PR.B | T.POW.PR.C | T.POW.PR.D | T.POW.PR.E | T.POW.PR.G | PWCCF

Power Corporation of Canada is a Canada-based international management and holding company. The Company is focused on providing financial services in North America, Europe, and Asia. Its core holdings include insurance, retirement, wealth management and investment businesses, including a portfolio of alternative asset investment platforms. The Company operates through three segments: Lifeco... see more

TSX:POW - Post Discussion

Power Corporation of Canada > Dividend increase
View:
Post by sergio2go on Mar 06, 2021 6:13am

Dividend increase

Can we expect a dividend raise on March 16th. There past record show a yearly increase but sofar nothing. Any thoughts...
Comment by pjn0987654321 on Mar 06, 2021 8:20am
OSFI has mandated that banks and insurance companies not raised dividends during the virus.  Does POW count as an insurance company, or bank?  If not, they could consider doing a raise.  
Comment by bingostar on Mar 06, 2021 9:52am
OFSI also mandated that banks and insurance companies not to buy back shares, POW did start buying back their shares in february , so they could raise dividend as well.
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