Great-West Lifeco is an insurance - life business based in Canada. Great-West Lifeco stocks (GWO) are listed on the Toronto Stock Exchange, and all prices are listed in Canadian Dollars.
Great-West Lifeco employs 33,250 staff and has a trailing 12-month revenue of around C$35.8 billion.Keep reading to see up-to-date Great-West Lifeco stock price and performance data, along with a step-by-step guide for how to buy Great-West Lifeco stock in Canada.
Great-West Lifeco (GWO) stock summary
| Company stock name | Great-West Lifeco Inc. |
| Stock ticker symbol | GWO |
| Exchange | Toronto Stock Exchange |
| 52-week stock price range | C$42.96 – C$66.82 |
| Where to buy Great-West Lifeco stock | Buy on CIBC Investor's Edge |
Can I buy Great-West Lifeco stock in Canada?
Yes, you can buy Great-West Lifeco stock in Canada. You simply need to open a brokerage account with an online trading platform that supports stocks on the Toronto Stock Exchange (TSX) exchange. Platforms like Interactive Brokers will allow you to directly buy Great-West Lifeco stock from within Canada.How to buy Great-West Lifeco stock
-
Choose a stock trading platform.
Compare trading platforms. Choose a trading app with competitive pricing, access to trading tools and a user-friendly interface. (Check out our guide to the best trading apps in Canada.) -
Open a trading account.
To open a trading account, you'll need to provide personal information (like your email, phone number and banking details), verify your identity and complete the sign-up process. -
Fund your account.
Deposit funds into your trading account by linking your bank account via an Electronic Funds Transfer (EFT), wire transfer, cheque deposit or by whatever means the platform supports. Make sure you deposit enough to cover the stock price + any trading fees. -
Search for the stock—GWO.
Look up the stock using its name (Great-West Lifeco Inc.) or ticker symbol (GWO). Review its current price, recent performance and other relevant data before placing your order. -
Complete your purchase of Great-West Lifeco stock.
Choose the number of GWO stocks you want to purchase, place your order, confirm the details and then submit. Once executed, the shares will appear in your trading account.
Our top picks for where to buy Great-West Lifeco stock
Great-West Lifeco stock chart (Toronto Stock Exchange (TSX): GWO)
This chart tracks Great-West Lifeco stock price performance over time.Great-West Lifeco stock price
We'll update this guide as more Great-West Lifeco stock information becomes available.
Is Great-West Lifeco stock a buy or sell right now?
The technical analysis gauge above shows real-time buy or sell ratings and analysis for Great-West Lifeco stock based on your selected timeframe. It uses three widely followed indicators—moving averages, oscillators and pivots—but this does not represent investment advice or a guarantee of success. Finder may not concur with these signals and accepts no responsibility for the performance of your stocks.
Can I buy Great-West Lifeco stock on the TSX?
No, you cannot buy Great-West Lifeco stock on the TSX because Great-West Lifeco stock is not listed on the TSX. Instead, Great-West Lifeco stock is listed on the Toronto Stock Exchange under the symbol "GWO."
That said, if you're wondering how to invest in Great-West Lifeco stock in Canada, you still have the option to do so by opening a trading account with a Canadian brokerage that gives you access to Toronto Stock Exchange, like Interactive Brokers.
Great-West Lifeco stock dividends
Great-West Lifeco dividend payout ratio: 50% of net profits
Recently Great-West Lifeco has paid out, on average, around 50% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.69% of the current stock value.
This means that, over a year, based on recent payouts (which are sadly no guarantee of future payouts), Great-West Lifeco shareholders could enjoy a 3.69% return on their shares in the form of dividend payments. In Great-West Lifeco's case, that would currently equate to about C$2.39 per share.
Great-West Lifeco's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Great-West Lifeco's next dividend payout is expected around December 31, 2025. To benefit, you'll need to buy Great-West Lifeco stocks before December 3, 2025 (the "ex-dividend date").
Great-West Lifeco stock performance metrics
Here are some common key metrics for Great-West Lifeco stock that analysts often use to help gauge a stock's value—P/E ratio, PEG ratio and EBITDA.
Has Great-West Lifeco stock ever split?
Great-West Lifeco's stocks were split on a 2:1 basis on October 3, 2004. So, if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Great-West Lifeco stocks, just the quantity.
However, indirectly, the new 50% lower stock price could have impacted the market appetite for Great-West Lifeco stocks, which in turn could have impacted Great-West Lifeco's stock price.How volatile is Great-West Lifeco stock?
Over the last 12 months, Great-West Lifeco's stocks price has ranged from C$42.96 to as high as C$66.82. Great-West Lifeco's beta measurement of stock volatility is 0.74. For comparison, the market (Toronto Stock Exchange) average beta is 1. This would suggest that Great-West Lifeco's stocks are less volatile than average (on this exchange).
Some analysists use "beta" to gauge a stock's volatility. Beta is a popular way to measure a stocks volatility in relation to the market. Here is a breakdown of Great-West Lifeco's beta stock volatility rating.
Great-West Lifeco company and revenue performance
| Market Capitalization | C$61.8 billion |
|---|---|
| Gross profit (TTM) | C$17.2 billion |
| Operating margin (TTM) | 17.92% |
| Profit margin | 11.65% |
| Revenue (TTM) | C$35.8 billion |
| Return on assets (TTM) | 0.71% |
| Return on equity (TTM) | 13.03% |
| Earnings per share (TTM) | C$4.36 |
| 50-day moving stock price average | C$61.00 |
| 200-day moving stock price average | C$54.86 |
Great-West Lifeco company profile
Great-West Lifeco Inc. engages in the life and health insurance, retirement savings, wealth and asset management, and reinsurance businesses in Canada, the United States, and Europe. The company offers life, accidental death and dismemberment, disability, critical illness, health and dental protection, and creditor insurance products; and retirement savings, income and annuity products, and other specialty products to individuals, families, businesses, and organizations.
It provides individual product solutions and employer-sponsored retirement savings plans that offers saving, investment, and advisory services; wealth management including payout annuity, equity release mortgages, pensions, and investments products. In addition, the company offers bulk and individual payout annuities, equity release mortgages, life bonds, and retirement drawdown and pension products; savings and investments; and provides asset management services, such as pension schemes, insurance companies, wealth managers, fiduciary managers, and sovereign wealth funds, as well manages assets for third-party institutional clients.
Further, it provides life, annuity/longevity, mortgage surety, and property catastrophe reinsurance products. The company offers its products under the Canada Life, Irish Life, and Empower brand names.
It distributes its products through a network of sales force, brokers, consultants, advisors, third-party administrators, financial institutions, dealers, managing general agencies, employee benefit consultants, banks, and multi-tied agents.
Compare trading platforms to buy Great-West Lifeco stock
Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.
Finder Score for stock trading platforms
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
Do I have to pay tax on gains from Great-West Lifeco stock sales in Canada?
Yes, you'll need to pay taxes in Canada on investment income, which includes any profit from selling Great-West Lifeco stock. The CRA taxes investment income from stocks in Canada based on three main factors:
- Investment income. Investment income includes money earned from interest, dividends or capital gains, which may affect how much you have to pay in taxes on stock sales in Canada.
- Investor type. Your investment income will be taxed differently depending on whether you're a regular investor or a day trader (which means you buy and trade stocks on a daily basis as your primary form of income).
- Tax bracket. The higher your tax bracket, the more you'll pay on income from stock sales. Your tax bracket depends on your gross income (minus deductions).
You can learn more about the tax implications of selling stocks in Canada here.
Frequently asked questions about Great-West Lifeco stock
Sources
More guides on Finder
-
7 oil tanker stocks to watch
Want to invest in oil tanker companies? We’ve put together a list of oil tanker stocks you should keep your eye on.
-
4 diamond stocks to watch
Want to invest in diamond companies? We’ve put together a list of diamond stocks you should keep your eye on.
-
8 sports stocks to watch
Want to invest in sports companies? We’ve put together a list of sports stocks you should keep your eye on.
-
What is a stop-loss order?
Learn how a stop-loss order can help you limit losses or lock in profits when trading.
-
Best renewable energy stocks
These are the best renewable energy stocks to buy now in Canada.
-
10 gold stocks to watch
Check out some of the best gold stocks to buy right now in Canada based on company performance.
-
Best stocks to buy right now in Canada
Finder’s unique algorithm found the 20 best TSX stocks to buy right now.
-
Guide to 10 of the best ETFs in Canada
Learn how to choose the best ETFs to buy right now in Canada.
-
What is micro-investing?
Round up your spare change into big bucks with Canadian apps designed for saving, depositing and investing.
-
Best investment accounts in Canada
Compare defensive and growth investments to find the best investment accounts in Canada for you.