What is Manulife Financial 5-Year Dividend Growth Rate?
Manulife Financial's Dividends per Share for the three months ended in Jun. 2024 was $0.29.
During the past 12 months, Manulife Financial's average Dividends Per Share Growth Rate was 10.10% per year.During the past 3 years, the average Dividends Per Share Growth Rate was 9.20% per year.During the past 5 years, the average Dividends Per Share Growth Rate was 9.70% per year.During the past 10 years, the average Dividends Per Share Growth Rate was 10.80% per year.Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Manulife Financial was 25.10% per year. The lowest was -19.60% per year. And the median was 10.80% per year.
Manulife Financial's Dividend Payout Ratio for the threemonths ended in Jun. 2024 was 0.44. As of today, Manulife Financial's Dividend Yield % is 4.09%.
Warning Sign:
Manulife Financial Corp stock dividend yield is close to 3-year low.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of Manulife Financial's 5-Year Dividend Growth Rate
For the Insurance - Life subindustry, Manulife Financial's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Manulife Financial's 5-Year Dividend Growth Rate Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Manulife Financial's 5-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Manulife Financial's 5-Year Dividend Growth Rate falls into.
Manulife Financial 5-Year Dividend Growth Rate Calculation
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
Manulife Financial(NYSE:MFC) 5-Year Dividend Growth Rate Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Manulife Financial's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as
| Dividend Payout Ratio | = | Dividends per Share (Q: Jun. 2024 ) | / | EPS without NRI (Q: Jun. 2024 ) |
| = | 0.292 | / | 0.664 | |
| = | 0.44 |
During the past 13 years, the highest Dividend Payout Ratio of Manulife Financial was 0.56. The lowest was 0.33. And the median was 0.38.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Manulife Financial Recent Full-Year* Dividend History
| Amount | Ex-date | Record Date | Pay Date | Type | Frequency | Forex Rate |
|---|---|---|---|---|---|---|
| CAD 0.400000 | 2024-08-21 | 2024-08-21 | 2024-09-19 | Cash Dividend | quarterly | CAD:USD 0.741433 |
| CAD 0.400000 | 2024-05-21 | 2024-05-22 | 2024-06-19 | Cash Dividend | quarterly | CAD:USD 0.732815 |
| CAD 0.400000 | 2024-02-27 | 2024-02-28 | 2024-03-19 | Cash Dividend | quarterly | CAD:USD 0.737028 |
| CAD 0.365000 | 2023-11-21 | 2023-11-22 | 2023-12-19 | Cash Dividend | quarterly | CAD:USD 0.735998 |
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Manulife Financial's Dividend Yield (%) for Today is calculated as
| Dividend Yield % | = | Most Recent Full Year Dividend | / | Current Share Price |
| = | 1.15314967 | / | 28.155 | |
| = | 4.10 % |
Current Share Price is $28.155.
Manulife Financial's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.15314967.
During the past 13 years, the highest Dividend Yield of Manulife Financial was 7.34%. The lowest was 2.37%. And the median was 4.11%.
Warning Sign:
Manulife Financial Corp stock dividend yield is close to 3-year low.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Manulife Financial 5-Year Dividend Growth Rate Related Terms
Thank you for viewing the detailed overview of Manulife Financial's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.
Manulife Financial Business Description
Industry
GURUFOCUS.COM »STOCK LIST »Financial Services » Insurance » Manulife Financial Corp (NYSE:MFC) » Definitions » 5-Year Dividend Growth Rate
Comparable Companies
TSX:GWO TSX:POW TSX:ELF TSX:SFC SHSE:601628 SHSE:601318 BOM:543526 HKSE:01299 AFL MET PRU TPE:2881 SHSE:601601 TPE:2882 TSE:8750 LSE:PRU BOM:540719 BOM:540777 XKRX:032830 BOM:540133
Traded in Other Exchanges
MNLCF.PFD:USA MFC:Philippines MFC:Mexico 00945:Hong Kong 0V5H:UK MLU:Germany MLU:Germany MFC.PR.Q.PFD:Canada MFC.PR.P.PFD:Canada MFC.PR.N.PFD:Canada MFC.PR.M.PFD:Canada MFC.PR.L.PFD:Canada MFC.PR.K.PFD:Canada MFC.PR.J.PFD:Canada MFC.PR.I.PFD:Canada MFC.PR.F.PFD:Canada MFC.PR.C.PFD:Canada MFC.PR.B.PFD:Canada MFC:Canada
Address
200 Bloor Street East, Toronto, ON, CAN, M4W 1E5
Website
Manulife Financial provides life insurance, annuities, and asset management products to individuals and group customers in Canada, the United States, and Asia. Its investment management business contributes approximately 20% of its earnings and has around CAD 1.35 trillion in assets under management and administration as of June 30, 2023. The U.S. business, which primarily operates under the John Hanco*ck brand, contributes about 30% of earnings and is mainly focused on providing insurance products for estate, business, and income protection. The Asia segment provides insurance products and insurance-based wealth accumulation products in over 11 countries and contributes around 30% of earnings. The Canadian business segment contributes approximately 20% of earnings.
Manulife Financial Headlines
From GuruFocus
Manulife Financial Corporation announces Dividend Rates on Non-cumulative Rate Reset Class 1 Shares Series 13 and Non-cumulative Floating Rate Class 1 Shares Series 14
By PRNewswire • 08-21-2023
John Hanco*ck Brings its Signature Sign Home to Headquarters at 200 Berkeley Street
By PRNewswire • 10-30-2023
Manulife declares common share dividend
By PRNewswire • 11-14-2023
Manulife Investment Management Publishes Inaugural TNFD Aligned Nature-related Disclosure for Timberland and Agriculture
By PRNewswire • 01-18-2024
CI Select Canadian Equity Fund Adjusts Portfolio, Highlighting Fairfax Financial Holdings Ltd
By GuruFocus Research • 01-24-2024
Manulife Announces New Global Longevity Innovation Challenge, in Partnership with the World Economic Forum's UpLink
By PRNewswire • 01-17-2024
John Hanco*ck Adds New Apple Watch Series 9, Apple Watch Ultra 2 and Apple Watch SE to its Vitality Program
By PRNewswire • 11-14-2023
John Hanco*ck Announces 2023 MLK Scholars Program, Invests Another $1 Million in Summer Jobs, Financial Education for Boston Youth
By PRNewswire • 07-10-2023
Manulife named to 2023 Dow Jones Sustainability North America Index
By PRNewswire • 12-13-2023
Manulife reports strong topline results in 2Q23 with APE sales up 12%, NBV up 10%, new business CSM of $592 million up 15% and Global Wealth and Asset Management net inflows of $2.2 billion. Net income attributed to shareholders was $1.0 billion in 2Q23 a
By PRNewswire • 08-09-2023
