Manulife Financial Corporation

NYSE:MFC Stock Report

Market Cap: US$53.4b

Manulife Financial Dividends and Buybacks

Dividend criteria checks 5/6

Manulife Financial is a dividend paying company with a current yield of 3.61% that is well covered by earnings.

Key information

3.6%

Dividend yield

2.6%

Buyback Yield

Total Shareholder Yield6.3%
Future Dividend Yield4.0%
Dividend Growth5.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareUS$1.165
Payout ratio55%

Recent dividend and buyback updates

Recent updates

Manulife Financial Expected To Keep Rising On Insurance And Annuities Growth, Profitability

Dec 17

Manulife: Despite Strong Fundamentals, It's Time To Take Profits

Oct 31

Manulife Financial: Dividend Powerhouse With High Growth Potential

Sep 09

Manulife Financial: This Dividend Grower Still Has Upside

Jun 26

Manulife Financial: A Hidden Gem Insurance Company Deserving Of Your Attention

Jun 09

Manulife Financial: Company Firing On All Cylinders, But Valuation Too Rich (Rating Downgrade)

Apr 19

Should You Buy Manulife For Its 4.8% Yield?

Feb 11

Manulife: Undervalued With Massive Capital Returns

Jan 26

Manulife Financial: Strong Revenue And Dividend Growth While Share Price Skyrockets (Downgrade)

Jan 02

Manulife: Time To Take Some Profits

Dec 19

Manulife Financial: Lock In This Growing Dividend At A Discount

Nov 27

Manulife: The Perpetual Preferreds Are Now Getting Attractive

Oct 05

Manulife: Taking A Closer Look At Canadian Life Insurance

Sep 25

Manulife Financial: Dividend Yield Beyond 5% And Positive Net Income Growth

Jul 19

Manulife: You Shouldn't Doubt This Company, Still A 'Buy'

Jun 13

Manulife Financial Non-GAAP EPS of C$0.88 beats by C$0.07

Feb 15

Lock In A 6.9% Dividend Yield With Manulife Preferred Shares

Feb 08

Manulife Is Too Cheap At 5.7% Yield

Dec 12

Manulife Financial Non-GAAP EPS of C$0.67 misses by C$0.03

Nov 09

Manulife Investment Management buys industrial warehouse in Fort Worth, Texas

Oct 26

Manulife intends to redeem C$1B of 3.181% fixed/floating subordinated debentures next month

Oct 12

Manulife Financial Remains A High-Yielding Bargain Buy

Aug 19

Manulife Financial declares CAD 0.33 dividend

Aug 10

Wall Street Analysts And The Options Market Suggest Manulife Financial Is Undervalued

Jul 26

Why Manulife Financial Is A 6% Yield You Don't Want To Miss

Jul 05

Stability 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
How does MFC dividend yield compare to the market?
SegmentDividend Yield
Company (MFC)3.6%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.5%
Industry Average (Insurance)2.0%
Analyst forecast (MFC) (up to 3 years)4.0%

Notable Dividend: MFC's dividend (3.61%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: MFC's dividend (3.61%) is low compared to the top 25% of dividend payers in the US market (4.5%).


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 (10.9%), MFC's dividend payments are thoroughly covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/05 09:06
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Manulife Financial Corporation is covered by 41 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark RosenAccountability Research Corporation
Ishan MajumdarBaptista Research
Alex ScottBarclays