Power Financial Corp (TSE:PWF) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $30.15 and traded as high as $33.23. Power Financial shares last traded at $33.05, with a volume of 426,689 shares trading hands.
A number of analysts recently commented on the company. BMO Capital Markets boosted their target price on Power Financial from C$32.00 to C$34.00 in a research report on Wednesday, November 6th. CIBC increased their price target on Power Financial from C$33.00 to C$34.00 in a report on Monday, November 11th.
The business has a 50-day moving average price of C$32.08 and a two-hundred day moving average price of C$30.19. The company has a quick ratio of 14.65, a current ratio of 18.38 and a debt-to-equity ratio of 47.91. The company has a market capitalization of $21.99 billion and a price-to-earnings ratio of 11.24.
The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, December 31st will be issued a $0.456 dividend. This is a boost from Power Financial’s previous quarterly dividend of $0.46. This represents a $1.82 dividend on an annualized basis and a dividend yield of 5.50%. The ex-dividend date of this dividend is Monday, December 30th. Power Financial’s dividend payout ratio (DPR) is currently 60.94%.
Power Financial Company Profile (TSE:PWF)
Power Financial Corporation provides financial services in Canada, the United States, Europe, and Asia. It offers life, disability, critical illness, and health insurance products, as well as wealth savings and income products, and specialty products. The company also provides financial products, including employer-sponsored defined contribution plans, individual retirement accounts, enrollment services, communication materials, investment options and education services, fund management services, and investment and advisory services.
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