Manulife Financial Corp is a leading Canadian insurance company with a long history dating back to 1887. It's one of the largest financial services companies in the world.
Manulife Financial Corp is listed on the Toronto Stock Exchange (TSX) under the ticker symbol MFC. Its shares are also listed on the New York Stock Exchange (NYSE) under the ticker symbol MFC.
The company's stock has a market capitalization of over $50 billion CAD, making it one of the largest publicly traded companies in Canada.
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Financial Performance
Manulife Financial's dividend history shows a steady increase over the years. The company's annual dividend payment has grown from 0.52 CAD in 2010 to 1.46 CAD in 2023, representing a significant increase.
Here's a breakdown of Manulife Financial's dividend payments over the past 13 years:
Manulife Financial's dividend yield has also fluctuated over the years, ranging from 2.48% in 2013 to 5.47% in 2022.
Manulife
Manulife has received positive analyst opinions, with TD Securities maintaining a Buy rating as of 06/28/24.
The company's stock price was $40 at that time.
TD Securities is not the only firm with a positive view of Manulife, as BMO Capital Markets upgraded their rating to Buy on 02/15/24.
The stock price was $35 at that time.
Barclays Capital has also been bullish on Manulife, maintaining a Buy rating on 08/11/23.
The stock price was $33 at that time.
Here's a summary of the analyst opinions:
Announces Results
Manulife Financial has announced the results of its external auditor tender process, with the company stating that the results will be available on its website.
The company has a history of transparency, with its dividend calendar publicly available. According to the calendar, Manulife Financial Corp. paid a dividend of 1.46 CAD in 2023, with a yield of 4.99%.
Manulife Financial has also made its earnings reports publicly available, providing a clear picture of its financial performance. For example, in Q4 2023, the company reported an earnings per share (EPS) of 0.860 CAD.
Here's a list of Manulife Financial's dividend payments over the past few years:
The company's financial performance has been steadily improving, with its earnings reports showing a positive trend. For example, in Q1 2025, Manulife Financial is expected to report an EPS of 0.995 CAD.
Statistics and Forecasts
Manulife's revenue for the trailing twelve months (TTM) is a significant $35.9 billion.
The company's earnings per share (EPS) for the TTM is $2.08, indicating a strong financial performance. The EPS is a key metric for investors to evaluate a company's profitability.
Manulife's beta is 0.98, indicating that the stock is less volatile than the overall market. This could be a good sign for investors who are looking for a more stable investment.
Here is a summary of Manulife's key statistics:
Analysts are optimistic about Manulife's future prospects, with an average rating of "Strong Buy" and a 12-month stock price forecast of $37.5, representing a 24.23% increase from the latest price.
Consider reading: Stock Price
Analyst Forecast
According to 2 analysts, the average rating for MFC stock is "Strong Buy". Analysts are optimistic about Manulife Financial's future prospects.
The 12-month stock price forecast is $37.5, which is an increase of 24.23% from the latest price. This suggests a significant upside potential for investors.
Here's a summary of the analyst forecasts:
The analysts' estimates are based on their analysis of Manulife Financial's historical performance and future prospects.
History Chart
The stock price of Manulife Financial has fluctuated significantly over time. The highest price recorded was on November 21, 2024, at $32.68.
Looking at the chart, we can see that the stock price has had its ups and downs. The lowest price was reached on October 31, 2024, at $28.95.
This price range gives us an idea of the volatility of the stock market.
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News and Events
Manulife's Board of Directors announced a quarterly common shareholders' dividend of $0.40. This is a significant development for investors.
The dividend will be paid in Canadian dollars, as stated in the announcement.
Closes LTC with RGA
Manulife closed a long-term care (LTC) reinsurance transaction with RGA.
The transaction was announced on January 2, 2025.
Manulife's stock is listed on the TSX, NYSE, and PSE under the ticker symbol MFC, and on the SEHK under 945.
Declares Dividends
Manulife's Board of Directors recently announced quarterly dividends on their preferred shares, but the details are not specified in the article.
Manulife's Board of Directors also announced a quarterly common shareholders' dividend of $0.40 per share.
The company's dividend payout ratio is 0.42, indicating that 42% of their earnings are being distributed to shareholders.
Manulife's dividend growth rate has been impressive, with a 3-year growth rate of 9.2%.
Here's a breakdown of Manulife's dividend metrics:
Manulife's shareholder yield is 5.74%, which is a significant return for investors.
Frequently Asked Questions
What is the price target for Manulife in 2025?
According to analysts, the projected price target for Manulife in 2025 is between 40.00 CAD and 50.05 CAD, with a median estimate of 47.77 CAD. Stay up-to-date with the latest stock market news and MFC updates to see if this forecast comes true.
What is the future of Manulife?
Manulife Financial is expected to experience significant growth, with projected annual increases in earnings, revenue, and EPS. The company's future outlook is promising, with a forecasted return on equity of 14.1% in 3 years.
What was the highest Manulife stock price?
The highest Manulife stock price was 32.68, achieved on November 21, 2024. This is also the company's all-time high stock closing price.
How much does Manulife pay per share?
Manulife pays $0.40 per share in quarterly dividends. This amount is effective as of March 19, 2024.
How many shares does Manulife have?
As of 2021, Manulife Financial Corp has approximately 1.946 billion shares outstanding. This number represents a slight increase from the previous year.
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