Manulife Financial Corp. (MFC) Dividends (2024)

FAQs

What is the new dividend for Manulife? ›

Manulife Financial's upcoming ex-dividend date is on Aug 21, 2024. Manulife Financial shareholders who own TSE:MFC stock before this date will receive Manulife Financial's next dividend payment of C$0.4 per share on Sep 19, 2024. Add TSE:MFC to your watchlist to be reminded before Manulife Financial's ex-dividend date.

MFC (Manulife Financial) 5-Year Dividend Growth Rate : 9.70% (As of Jun.

Effective September 1, 2024, the dividend scale interest rate for Manulife Par and Manulife Par with Vitality Plus™ policies will remain at 6.35% for policies dated on or after June 23, 2018. Learn more about the rate.

Eligible dividend designation

Unless stated otherwise, all dividends (and deemed dividends) paid by MFC hereafter are designated as "eligible dividends" for the purposes of such rules.

Manulife's current payout ratio is 41%. This means it paid out 41% of its trailing 12-month EPS as dividend. Earnings growth looks solid for MFC for this fiscal year. The Zacks Consensus Estimate for 2024 is $2.71 per share, with earnings expected to increase 5.45% from the year ago period.

Manulife Financial Corp has 6.89% upside potential, based on the analysts' average price target. Manulife Financial Corp has a consensus rating of Moderate Buy which is based on 6 buy ratings, 3 hold ratings and 0 sell ratings. The average price target for Manulife Financial Corp is C$39.26.

Manulife Financial stock (symbol: MFC) underwent a total of 1 stock split.

Dividend yield is the amount that a company pays out in dividends compared to its stock price. Dividend growth is the increase in the value of dividends that a company pays out over a period of time.

An average dividend growth rate is 8% to 10%. However, this can vary greatly among different stocks and industries. Companies with a steady history of dividend increases outperforming their peers may have a higher-than-average dividend growth rate.

During the past 13 years, the highest Dividend Payout Ratio of Manulife Financial was 0.56. The lowest was 0.33. And the median was 0.38. As of today (2024-09-15), the Dividend Yield % of Manulife Financial is 4.11%.

Does Manulife have a drip? ›

Manulife offers Dividend Reinvestment and Share Purchase Plans to Canadian and U.S. resident holders. These Plans are convenient and easy to use. Participants can change or terminate their participation in the Plans at any time.

TSE:MFC EPS forecast for the fiscal quarter 2024 (Q3) is C$0.95.

Our data shows that The Vanguard Group, Inc. is the largest shareholder with 4.1% of shares outstanding. The second and third largest shareholders are Royal Bank of Canada, Banking & Securities Investments and RBC Global Asset Management Inc., with an equal amount of shares to their name at 3.2%.

4.36% forward dividend yield.

For more information see the Frequently Asked Questions on the back of this letter or contact AST directly at 1-800-783-9495 or manulifeinquiries@astfinancial.com. Complete this form when you want to sell your Manulife Financial Corporation common shares through the Share Selling Service. Mark ONE Box Only.