Manulife declares preferred share dividends

Rhea-AI Summary

Manulife Financial (TSX/NYSE/PSE: MFC) has announced quarterly preferred share dividends for multiple share classes, payable on December 19, 2024, to shareholders of record as of November 20, 2024. The dividends range from $0.14675 to $0.396875 per share across different preferred share series, including Class A Shares Series 2 and 3, and Class 1 Shares Series 3, 4, 9, 11, 13, 15, 17, 19, and 25.

Positive

• Regular dividend payments demonstrate financial stability
• Diverse preferred share classes provide multiple investment options

Negative

• None.

C$ unless otherwise stated       TSX/NYSE/PSE: MFC  SEHK: 945

TORONTO, Nov. 6, 2024 /PRNewswire/ - Manulife's Board of Directors today announced quarterly shareholders' dividends on the following non-cumulative preferred shares of Manulife Financial Corporation, payable on or after December 19, 2024, to shareholders of record at the close of business on November 20, 2024:

• Class A Shares Series 2 - $0.29063 per share
• Class A Shares Series 3 - $0.28125 per share
• Class 1 Shares Series 3 - $0.14675 per share
• Class 1 Shares Series 4 - $0.353590 per share
• Class 1 Shares Series 9 - $0.373625 per share
• Class 1 Shares Series 11 - $0.384938 per share
• Class 1 Shares Series 13 - $0.396875 per share
• Class 1 Shares Series 15 - $0.360938 per share
• Class 1 Shares Series 17 - $0.2375 per share
• Class 1 Shares Series 19 - $0.229688 per share
• Class 1 Shares Series 25 - $0.371375 per share

About Manulife

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we provide financial advice and insurance, operating as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States. Through Manulife Investment Management, the global brand for our Global Wealth and Asset Management segment, we serve individuals, institutions, and retirement plan members worldwide. At the end of 2023, we had more than 38,000 employees, over 98,000 agents, and thousands of distribution partners, serving over 35 million customers. We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges, and under '945' in Hong Kong.
 
Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com. 

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SOURCE The Manufacturers Life Insurance Company

FAQ

When will Manulife (MFC) pay its preferred share dividends for December 2024?

Manulife will pay the preferred share dividends on December 19, 2024, to shareholders of record as of November 20, 2024.

What is the highest preferred share dividend amount announced by Manulife (MFC)?

The highest preferred share dividend announced is $0.396875 per share for Class 1 Shares Series 13.

How many different preferred share series are included in Manulife's (MFC) dividend announcement?

Manulife announced dividends for 11 different preferred share series, including Class A Shares Series 2 and 3, and Class 1 Shares Series 3, 4, 9, 11, 13, 15, 17, 19, and 25.