- Manulife Financial Corporation (MFC)
- Sun Life Financial Inc. (SLF)
- Power Corporation of Canada Subordinate Voting Shares (POW)
Q: In the financial sector, which is more likely to cut a dividend, the big 5 banks or the insurance companies SLF, MFC, POW ?
I am assuming it is ok to count POW as an insurance company or should it be viewed separately all together.
Kindly rate the likelihood on a scale of 0 to 10 for banks versus insurance and any differences you might see amongst the insurance companies.
Zero being less likely to cut a dividend.
I am asking this as a dividend investor who doesn't like buying a company that cuts dividends.
I am assuming it is ok to count POW as an insurance company or should it be viewed separately all together.
Kindly rate the likelihood on a scale of 0 to 10 for banks versus insurance and any differences you might see amongst the insurance companies.
Zero being less likely to cut a dividend.
I am asking this as a dividend investor who doesn't like buying a company that cuts dividends.