TSX:MFCInsurance
Is Manulife’s Bigger Dividend And New Buyback Altering The Investment Case For Manulife (TSX:MFC)?
Manulife Financial Corporation recently reported full-year 2025 net income of CA$5,782 million with higher earnings per share, raised its quarterly common dividend by 10.2% to CA$0.485, and authorized a new normal course issuer bid to repurchase up to 42.20 million shares, or 2.5% of its common equity, subject to Toronto Stock Exchange approval.
Taken together with the completion of its prior CA$2,147.43 million buyback, these moves underline Manulife’s emphasis on capital returns through...