Preferred Stock Channel
Great-West Lifeco Inc | Non-Cumulative First Preferred Shares, Series H (GWO.PRH.CA)

Prospectus excerpt:  The 4.85% Non-Cumulative First Preferred Shares, Series H (the ‘‘Series H First Preferred Shares’’) will be entitled to fixed non-cumulative preferential cash dividends, if, as and when declared by the Board of Directors, at a rate equal to $1.2125 per share per annum. The initial dividend, if declared, will be payable September 30, 2005, and will be $0.16277 per share, based upon an anticipated closing date of August 12, 2005. Thereafter, dividends will be payable quarterly on the last day of March, June, September and December in each year at a rate of $0.30313 per share. Certain provisions relating to the Series H First Preferred Shares are summarized under ‘‘Details of the Offering’’.

On and after September 30, 2010, Great-West Lifeco Inc. (‘‘Great-West Lifeco’’ or the ‘‘Corporation’’) may, on not less than 30 nor more than 60 days’ notice, redeem for cash the Series H First Preferred Shares in whole or in part, at the Corporation’s option, at $26.00 per share if redeemed prior to September 30, 2011, $25.75 if redeemed on or after September 30, 2011 and prior to September 30, 2012, $25.50 if redeemed on or after September 30, 2012 and prior to September 30, 2013, $25.25 if redeemed on or after September 30, 2013 and prior to September 30, 2014 and $25.00 if redeemed on or after September 30, 2014, in each case together with all declared and unpaid dividends to but excluding the date of redemption. See ‘‘Details of the Offering’’.

Full Prospectus PDF », GWO.CA Page »

Series:H
Alternate symbology:GWO-H.CA, GWO-PH.CA, GWOprH.CA
Redeemable?:Yes
Call Date:9/30/2014 (Now Trading Post Call Date)
Perpetual?:Yes
Cumulative?:No
Shares Offered:12000000
Liquidation Preference:$25
Recent Market Price:$19.10
Discount to Liquidation Preference:
(More Preferreds Trading at a Discount »)
$-5.90 (-23.60%)
Annualized Dividend:1.21252
Recent Ex-Date:2/28/2024
Current Yield:6.35%
Original Coupon:4.85%
Pay Period:Quarterly
Pay Dates:31-Mar, 30-Jun, 30-Sep, 31-Dec
CDx3 Compliance Rating: Learn GWO.PRH.CA's Rating
Great-West Lifeco is a financial service holding company. Through its subsidiaries, Co. has interests in the life insurance, health insurance, retirement savings, investment management and reinsurance businesses. Co.'s Canada segment provides a range of financial and benefit plan solutions for individuals, families, businesses and organizations through its business units: Individual Customer and Group Customer. Co.'s U.S. segment provides employer-sponsored retirement savings plans in the public/non-profit and corporate sectors. Co.'s Europe segment provides protection and wealth management products, including payout annuity products.

Preferreds: GWO.PRF.CA, GWO.PRG.CA, GWO.PRH.CA, GWO.PRI.CA, GWO.PRJ.CA, GWO.PRL.CA, GWO.PRM.CA, GWO.PRN.CA, GWO.PRP.CA, GWO.PRQ.CA, GWO.PRR.CA


Open the GWO.CA Information Page »
Name:  Great-West Lifeco Inc
Website:  www.greatwestlifeco.com
Sector:  Life & Health Insurance

Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference
The Top 10 DividendRank'ed U.S. Stocks
The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500
Stock market game
Quotes delayed 20 minutes

Email EnvelopeFree Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts

Great-West Lifeco Inc | Non-Cumulative First Preferred Shares, Series H (GWO.PRH.CA) Information Page | Preferred Stock Channel | www.PreferredStockChannel.com | Copyright © 2011 - 2024, All Rights Reserved

Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.