Manulife Financial Corp (NYSE:MFC) Plans Quarterly Dividend of C$0.49

Posted by on May 14th, 2026

Manulife Financial Corp (NYSE:MFC – Get Free Report) (TSE:MFC) declared a quarterly dividend on Wednesday, May 13th. Stockholders of record on Friday, May 29th will be given a dividend of 0.485 per share by the financial services provider on Friday, June 19th. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date is Friday, May 29th.

Manulife Financial has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 12 years. Manulife Financial has a dividend payout ratio of 44.7% indicating that its dividend is sufficiently covered by earnings. Analysts expect Manulife Financial to earn $3.55 per share next year, which means the company should continue to be able to cover its $1.42 annual dividend with an expected future payout ratio of 40.0%.

Manulife Financial Price Performance

NYSE:MFC opened at $39.84 on Thursday. Manulife Financial has a 1-year low of $29.70 and a 1-year high of $40.41. The company has a 50-day moving average of $36.34 and a 200 day moving average of $35.98. The firm has a market cap of $66.62 billion, a PE ratio of 17.95 and a beta of 0.87.

Manulife Financial (NYSE:MFC – Get Free Report) (TSE:MFC) last posted its quarterly earnings results on Wednesday, February 11th. The financial services provider reported $0.80 EPS for the quarter, beating the consensus estimate of $0.76 by $0.04. Manulife Financial had a net margin of 9.18% and a return on equity of 16.43%. The business had revenue of $11.32 billion during the quarter, compared to analyst estimates of $2.32 billion. During the same quarter in the previous year, the business posted $1.03 EPS. Sell-side analysts anticipate that Manulife Financial will post 3.22 EPS for the current fiscal year.

Institutional Investors Weigh In On Manulife Financial

A number of hedge funds have recently made changes to their positions in the stock. Basepoint Wealth LLC purchased a new stake in Manulife Financial in the fourth quarter valued at about $25,000. Hantz Financial Services Inc. purchased a new stake in Manulife Financial in the fourth quarter valued at about $28,000. Sfam LLC purchased a new stake in Manulife Financial in the fourth quarter valued at about $28,000. Root Financial Partners LLC purchased a new stake in Manulife Financial in the third quarter valued at about $25,000. Finally, Heritage Wealth Advisors purchased a new stake in Manulife Financial in the fourth quarter valued at about $30,000. 52.56% of the stock is currently owned by hedge funds and other institutional investors.

About Manulife Financial

(Get Free Report)

Manulife Financial Corporation is a multinational insurance and financial services company headquartered in Toronto, Ontario. Founded in the late 19th century as The Manufacturers Life Insurance Company, Manulife provides a broad range of financial products and services to individual and institutional clients. Its core businesses include life and health insurance, retirement and pension solutions, wealth and asset management, and group benefits.

In wealth and asset management, Manulife operates through Manulife Investment Management and offers mutual funds, segregated funds, institutional asset management, and retirement plan solutions.

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Dividend History for Manulife Financial (NYSE:MFC)

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