Boost dividend by 7.5%
Great-West Lifeco, IGM subsidiaries performing well
Diversified management and holding company Power Financial Corp. saw its operating earnings for the year ended Dec. 31, 2005 increase to $1.694 million, or $2.33 per share, from $1,538 million, or $2.11 per share in 2004 — an increase of 10.1% on a per-share basis.Growth in operating earnings reflects a substantial increase in the contribution […]
Raises dividend
Outlook revised to stable
Operating earnings climb, while revenues dip
Gratton named chairman, Orr as president and CEO
Strong contributions from Great-West, IGM
Raises dividend 11%
Strong growth from its mutual fund and insurance units helped Power Financial Corp. post a 34% increase in earnings in the second quarter.The company said net earnings were $434 million ($1.18 per share) for the quarter ended June 30 vs $325 million (88¢) in 2003, an increase of 34.1% on a per-share basis. Revenues jumped […]