- Power Corporation recently announced a dividend increase of 10.6%, moving the company’s forward yield to over 5%.
- The company’s history of strong dividend growth makes it a powerful tool to combat the erosive effects of inflation on your retirement income.
- In addition to its yield, Power has been making headway in narrowing its discount to NAV, giving the shares further upside potential.
- With its core businesses leveraged to rising interest rates, Power Corporation is a smart income pick in a rising rate environment.
For further details see:
Inflation Worries? Add Some Power To Your Retirement Income