TSX:MFCInsurance
Manulife Ups Dividend And Buybacks As Shares Trade Below Targets
Manulife Financial (TSX:MFC) announced a 10% increase to its quarterly common share dividend.
The company also launched a new share repurchase program to return additional capital to shareholders.
These actions follow strong recent business results, including double digit earnings and new business growth.
For investors watching Manulife Financial at around CA$48.7 per share, this move comes after a solid run, with the stock up 20.5% over the past year and more than doubling over three...