Preferred Stock Channel
Power Corp. of Canada | Non-Cumulative First Preferred Shares, Series C (POW.PRC.CA)

Prospectus excerpt:  The 5.80% Non-Cumulative First Preferred Shares, Series C (the ‘‘Series C First Preferred Shares’’) will be entitled to fixed noncumulative preferential cash dividends, if, as and when declared by the Board of Directors, at a rate equal to $1.4500 per share per annum. The initial dividend, if declared, will be payable January 15, 2003 and will be $0.162877 per share, based upon an anticipated issue date of December 5, 2002. Thereafter, dividends will be payable quarterly at a rate of $0.362500 per share. Certain provisions relating to the Series C First Preferred Shares are summarized under ‘‘Details of the Offering’’.

On and after December 6, 2007, Power Corporation of Canada (‘‘Power Corporation’’ or the ‘‘Corporation’’) may, on not less than 30 nor more than 60 days’ notice, redeem for cash the Series C First Preferred Shares in whole or in part, at the Corporation’s option, at $26.00 per share if redeemed prior to December 6, 2008, $25.75 if redeemed on or after December 6, 2008 and prior to December 6, 2009, $25.50 if redeemed on or after December 6, 2009 and prior to December 6, 2010, $25.25 if redeemed on or after December 6, 2010 and prior to December 6, 2011 and $25.00 if redeemed on or after December 6, 2011, in each case together with all declared and unpaid dividends to the date of redemption. See ‘‘Details of the Offering’’.

Full Prospectus PDF », POW.CA Page »

Series:C
Alternate symbology:POW-C.CA, POW-PC.CA, POWprC.CA
Redeemable?:Yes
Call Date:12/6/2011 (Now Trading Post Call Date)
Perpetual?:Yes
Cumulative?:No
Shares Offered:6000000
Liquidation Preference:$25
Recent Market Price:$22.65
Discount to Liquidation Preference:
(More Preferreds Trading at a Discount »)
$-2.35 (-9.40%)
Annualized Dividend:1.45
Recent Ex-Date:3/27/2024
Current Yield:6.40%
Original Coupon:5.80%
Pay Period:Quarterly
Pay Dates:15-Jan, 15-Apr, 15-Jul, 15-Oct
CDx3 Compliance Rating: Learn POW.PRC.CA's Rating
Power is an international management and holding company. Through its subsidiaries, Co. is engaged in insurance, retirement, wealth management and investment businesses, including a portfolio of alternative asset investment platforms. Co. holds controlling interests, through its subsidiary, Power Financial Corporation, in Great-West Lifeco Inc. (Lifeco) and IGM Financial Inc. (IGM). Lifeco is an international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management and reinsurance businesses. IGM is a wealth and asset management company, primarily providing investment advisory and related services.

Preferreds: POW.PRA.CA, POW.PRB.CA, POW.PRC.CA, POW.PRD.CA, POW.PRE.CA, POW.PRF.CA, POW.PRG.CA


Open the POW.CA Information Page »
Name:  Power Corp. of Canada
Website:  www.powercorporation.com
Sector:  Asset Management
Number of ETFs Holding POW.CA:  2 (see which ones)
Total Market Value Held by ETFs:  $5,926,252
Total Market Capitalization:  $15,669,000,000
% of Market Cap. Held by ETFs:  0.04%

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