Manulife Financial Dividends and Buybacks
Dividend criteria checks 5/6
Manulife Financial is a dividend paying company with a current yield of 3.55% that is well covered by earnings. Next payment date is on 19th December, 2024 with an ex-dividend date of 20th November, 2024.
Key information
3.6%
Dividend yield
2.6%
Buyback Yield
| Total Shareholder Yield | 6.1% |
| Future Dividend Yield | 4.1% |
| Dividend Growth | 5.5% |
| Next dividend pay date | 19 Dec 24 |
| Ex dividend date | 20 Nov 24 |
| Dividend per share | CA$1.600 |
| Payout ratio | 55% |
Recent dividend and buyback updates
Recent updates
Increases to Manulife Financial Corporation's (TSE:MFC) CEO Compensation Might Cool off for now
May 03
Manulife Financial Corporation (TSE:MFC) Analysts Just Trimmed Their Revenue Forecasts By 13%
Sep 08Analysts' Revenue Estimates For Manulife Financial Corporation (TSE:MFC) Are Surging Higher
Aug 18Do Manulife Financial's (TSE:MFC) Earnings Warrant Your Attention?
May 30Industry Analysts Just Made A Captivating Upgrade To Their Manulife Financial Corporation (TSE:MFC) Revenue Forecasts
May 12Manulife Financial's (TSE:MFC) Dividend Will Be Increased To CA$0.365
Feb 19Here's Why We Think Manulife Financial (TSE:MFC) Might Deserve Your Attention Today
Jan 24Should You Be Adding Manulife Financial (TSE:MFC) To Your Watchlist Today?
Aug 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MFC's dividends per share have been stable in the past 10 years.
Growing Dividend: MFC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Manulife Financial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MFC) | 3.6% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Insurance) | 3.2% |
| Analyst forecast (MFC) (up to 3 years) | 4.1% |
Notable Dividend: MFC's dividend (3.55%) is higher than the bottom 25% of dividend payers in the Canadian market (1.78%).
High Dividend: MFC's dividend (3.55%) is low compared to the top 25% of dividend payers in the Canadian market (6.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.1%), MFC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11%), MFC's dividend payments are thoroughly covered by cash flows.