Manulife Financial Dividends and Buybacks
Dividend criteria checks 5/6
Manulife Financial is a dividend paying company with a current yield of 3.53% 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
3.5%
Dividend yield
2.6%
Buyback Yield
| Total Shareholder Yield | 6.1% |
| Future Dividend Yield | 4.0% |
| Dividend Growth | 5.5% |
| Next dividend pay date | 19 Dec 24 |
| Ex dividend date | 20 Nov 24 |
| Dividend per share | US$1.165 |
| Payout ratio | 55% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MNUF.F's dividends per share have been stable in the past 10 years.
Growing Dividend: MNUF.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Manulife Financial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MNUF.F) | 3.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Insurance) | 1.6% |
| Analyst forecast (MNUF.F) (up to 3 years) | 4.0% |
Notable Dividend: MNUF.F's dividend (3.53%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: MNUF.F's dividend (3.53%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.1%), MNUF.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11%), MNUF.F's dividend payments are thoroughly covered by cash flows.