Manulife declares common share dividend
Rhea-AI Summary
Manulife (MFC) has announced its latest quarterly dividend for common shareholders. The company's Board of Directors has declared a dividend of $0.44 per share, which will be payable on June 19, 2025, to shareholders of record as of May 21, 2025.
Regarding the company's Canadian and U.S. Dividend Reinvestment and Share Purchase Plans, Manulife will purchase common shares from the open market for dividend reinvestment and optional cash purchases. The purchase price will be determined by the average actual cost of acquiring these shares, with no applicable discounts offered.
Positive
- Regular dividend payment demonstrates financial stability
- Maintenance of dividend indicates strong cash flow position
- Dividend reinvestment program offers shareholders flexible investment options
Negative
- No increase in dividend amount from previous quarter
- No discount offered on dividend reinvestment purchases
News Market Reaction
On the day this news was published, MFC declined 0.70%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945
In respect of the Company's Canadian Dividend Reinvestment and Share Purchase Plan and its
About Manulife
Manulife Financial Corporation is a leading international financial services provider, helping our customers make their decisions easier and lives better. With our global headquarters in
Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com.
Media Contact:
Fiona McLean
Manulife
437-441-7491
fiona_mclean@manulife.com
Investor Relations:
Hung Ko
Manulife
416-806-9921
hung_ko@manulife.com
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SOURCE Manulife Financial Corporation