Power Up

We’re adding Power Corporation of Canada (TSX: POW, OTC: PWCDF) to the Dividend Champions Portfolio. Power Corp. is a holding company that primarily focuses on high-quality insurance and wealth management. The stock is trading at an estimated 36% discount to its net asset value, has a growing dividend that currently yields an attractive 4.5%, and has not meaningfully participated in the recent rally of life insurance stocks. A full report on the company will appear in the December issue of Canadian Edge. Buy up to C$33, or US$25.

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