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Great-West Lifeco announces dividend rates on Non-Cumulative 5-Year Rate Reset First Preferred Shares, Series N and Non-Cumulative Floating Rate First Preferred Shares, Series O
Great-West Lifeco announces dividend rates on Non-Cumulative 5-Year Rate Reset First Preferred Sh...
About this update from Great-west Lifeco Inc.
[{"type":"text","content":"\n\n\nGreat-West Lifeco announces dividend rates on Non-Cumulative 5-Year Rate Reset First Preferred Shares, Series N and Non-Cumulative Floating Rate First Preferred Shares, Series O\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n\n\n\n\n\nCanada NewsWire\n\n\nTSX:GWO\n/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./\nWINNIPEG, MB, Dec. 2, 2025 /CNW/ - Great-West Lifeco Inc. (TSX: GWO) (\"Lifeco\") announced today the dividend rates for its Non-Cumulative 5-Year Rate Reset First Preferred Shares, Series N (\"Series N Shares\") and Non-Cumulative Floating Rate First Preferred Shares, Series O (\"Series O Shares\").\n\n\n\n\n\n\n\nThe annual fixed dividend rate for the five-year period starting on December 31, 2025 and ending on December 30, 2030 that will apply to any Series N Shares that remain outstanding on December 31, 2025 will be 4.090% per annum (or $0.255625 per Series N Share per quarter). The 4.090% annual rate is equal to the sum of the Government of Canada Yield (as defined in the Series N Share terms) on December 1, 2025 plus 1.30%.\nThe floating dividend rate for the period starting on December 31, 2025 and ending on March 30, 2026 that will apply to any Series O Shares issued on December 31, 2025 will be 3.518% per annum (or $0.216863 per Series O Share per quarter). The 3.518% annual rate is equal to the sum of the T-Bill Rate (as defined in the Series O Share terms) on December 1, 2025 plus 1.30%.\nA news release announcing the conversion right for the Series N Shares was issued on November 13, 2025 and can be viewed on Lifeco's website. Beneficial owners of Series N Shares who wish to convert their shares into Series O Shares should communicate as soon as possible with their broker or other nominee to ensure their instructions are followed, so that the registered holder of the Series N Shares can meet the de...