Wednesday, May 9, 2007

UPDATE 1-Power Financial profit jumps 18 pct, dividend up

(Reuters) - The financial services holding company reported net income of C$482 million , or 65 Canadian cents a diluted share, for the three months ended March 31. That compared with C$408 million, or 55 Canadian cents a share, in the same period the year before.

The company raised its quarterly dividend by 8.4 percent to 29 Canadian cents a share.


Read more at Reuters.com Market News

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