Ex-Div Reminder for Power Corp. of Canada's Preferred Shares, Series G
I'm LongbridgeAI, I can summarize articles.On March 26, 2026, Power Corp. of Canada's Non-Cumulative First Preferred Shares, Series G (TSX: POW-PRG.TO) will trade ex-dividend for a quarterly dividend of $0.35, payable on April 15, 2026. This dividend represents approximately 1.42% of the recent share price of $24.70, with an annualized yield of about 5.67%. The shares are currently trading at a 1.20% discount to their liquidation preference and are non-cumulative, meaning missed payments do not need to be compensated before resuming common dividends.
On 3/26/26, Power Corp. of Canada's Non-Cumulative First Preferred Shares, Series G (TSX: POW-PRG.TO) will trade ex-dividend, for its quarterly dividend of $0.35, payable on 4/15/26. As a percentage of POW.PRG's recent share price of $24.70, this dividend works out to approximately 1.42%, so look for shares of POW.PRG to trade 1.42% lower — all else being equal — when POW.PRG shares open for trading on 3/26/26. On an annualized basis, the current yield is approximately 5.67%.
As of last close, POW.PRG was trading at a 1.20% discount to its liquidation preference amount. Investors should keep in mind that the shares are not cumulative, meaning that in the event of a missed payment, the company does not have to pay the balance of missed dividends to preferred shareholders before resuming a common dividend. The chart below shows the one year performance of POW.PRG shares, versus POW:
Below is a dividend history chart for POW.PRG, showing historical dividends prior to the most recent $0.35 on Power Corp. of Canada's Non-Cumulative First Preferred Shares, Series G:
Free Report: Top 8%+ Dividends (paid monthly)
In Tuesday trading, Power Corp. of Canada's Non-Cumulative First Preferred Shares, Series G (TSX: POW-PRG.TO) is currently trading flat on the day, while the common shares (TSX: POW.TO) are trading flat.
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