Why Manulife Financial (MFC) is a Top Dividend Stock for Your Portfolio (2024)

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e=r.searchBoxForm.querySelector("[name=fr]"),n=r.searchBoxForm.querySelector("[name=fr2]");e&&r.config.searchBox&&r.config.searchBox.params&&r.config.searchBox.params.fr&&(e.value=i.searchBox.params.fr,e.disabled=!1),n&&r.config.searchBox&&r.config.searchBox.params&&r.config.searchBox.params.fr2&&(n.value=i.searchBox.params.fr2,n.disabled=!1),r.searchBoxForm.submit()}}),1e3)},r.recognition.onspeechstart=function(){},r.recognition.onspeechend=function(){r.recognition.stop()},r.recognition.onerror=function(){r.speechText&&(r.speechText.innerText=r.i18n.t("search.voice.recognition_error")),r.hideTrending(r),r.showRetryLink(r),r.errorAudio.play()},r.recognition.onaudiostart=function(){r.speechButtonContainer&&r.speechButtonContainer.classList.add("listening")},r.recognition.onaudioend=function(){r.speechButtonContainer&&r.speechButtonContainer.classList.remove("listening")},r.recognition.onsoundstart=function(){r.hideTrending(r),r.noSpeech=!1,r.speechButtonContainer&&(r.speechButtonContainer.classList.remove("listening"),r.speechButtonContainer.classList.add("speaking"))},r.recognition.onsoundend=function(){r.speechButtonContainer&&r.speechButtonContainer.classList.remove("speaking")},r.recognition.onstart=function(){r.recognitionInit(r),r.startRecognition(r)},r.recognition.onend=function(){r.isRecognitionStart=!1,0==r.noSpeech&&""==r.speechResult&&(r.speechText&&(r.speechText.innerText=r.i18n.t("search.voice.recognition_nomatch")),r.hideTrending(r),r.showRetryLink(r),r.errorAudio.play())},document&&document.dispatchEvent&&document.dispatchEvent(new Event("VOICE_JS_READY"))}}o.I18n=m,o.prototype.renderPermissionGuide=function(e){var n='\n

    \n

    \n

    \n

    \n

    \n

    \n

    \n

    '.concat(e.i18n.t("search.voice.permission_title"),'

    \n

    ').concat(e.i18n.t("search.voice.permission_text"),"

    \n

    \n

    \n

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    \n

    \n

    \n

    \n

    \n

    \n \n \n \n \n \n \n

    \n

    \n

    \n \n \n '.concat(e.i18n.t("search.voice.recognition_retry"),'\n

    \n

    \n

    \n

    \n

    \n

    \n ').concat(e.i18n.t("search.voice.trending_title"),'\n \n

    \n

    \n

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t,o,i,r=e.getConfig();if(n.ybar&&"desktop"===r.device&&(null===(t=r.bucketConfig)||void 0===t?void 0:t.highlight_searchassist)&&(null===(o=r.bucketConfig)||void 0===o?void 0:o.overlay_class)){n.ybar.setAttribute("data-ovrly-bkt",r.bucketConfig.overlay_class),null===(i=n.searchForm)||void 0===i||i.classList.add(Un[r.bucketConfig.overlay_class]);var a=document.createElement("div");a.classList.add(Un.overlay,Un[r.bucketConfig.overlay_class]),document.body.appendChild(a),e.onDestroy((function(){document.body.removeChild(a)})),e.addElementListener(n.searchForm,"focusout",(function(e){if(n.searchForm&&n.searchInput){var t=e.relatedTarget;t&&!n.searchForm.contains(t)&&window.YAHOO.SA&&window.YAHOO.SA.apps&&window.YAHOO.SA.apps[0]&&window.YAHOO.SA.apps[0].view.shown&&window.YAHOO.SA.apps[0].view.hide()}}))}}(e,n),zn(e,n),n.voiceSearchBtn&&function(e,n){var t=e.getConfig(),o=t.locale,i=function(){var e,t;(null===(t=null===(e=window.YAHOO)||void 0===e?void 0:e.Util)||void 0===t?void 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    Why Manulife Financial (MFC) is a Top Dividend Stock for Your Portfolio (2024)

    FAQs

    Why Manulife Financial (MFC) is a Top Dividend Stock for Your Portfolio? ›

    Manulife Financial offers strong growth potential with a focus on higher-margin segments like Asia and Global Wealth & Asset Management. MFC boasts a solid balance sheet, a 4.4% dividend yield, and a robust share buyback program, enhancing shareholder value.

    Is MFC a good dividend stock? ›

    Yes, TSE:MFC's past year earnings per share was C$2.36, and their annual dividend per share is C$1.56. TSE:MFC's dividend payout ratio is 42.41% (C$1.56/C$2.36) which is sustainable.

    Why invest in Manulife stock? ›

    With more than 35 million customers around the world and a range of attractive and profitable services in its portfolio, Manulife's cash flow growth profile should remain strong. Thus, the stock's 4.5% dividend yield appears to remain well-supported and is now attractive relative to where Canadian bond yields are.

    What is the dividend of Manulife stock? ›

    Download historical dividend rates as an excel worksheet
    ForDate declaredDividend per share
    2022 Q4Feb 15/230.365
    2022 Q3Nov 9/220.33
    2022 Q2Aug 10/220.33
    2022 Q1May 11/220.33
    46 more rows

    How much of your portfolio should be in dividend stocks? ›

    3 Diversified Dividend Portfolio Examples. As you start building a dividend portfolio yourself you'll realize that there is no one-size-fits-all answer as to how many dividend stocks you should own. But, it's fairly agreed upon that somewhere between 10-30 is a good range to shoot for.

    Is MFC a good investment? ›

    Manulife Financial Corp has 6.89% upside potential, based on the analysts' average price target. Is TSE:MFC a Buy, Sell or Hold? Manulife Financial Corp has a consensus rating of Moderate Buy which is based on 6 buy ratings, 3 hold ratings and 0 sell ratings.

    Is Manulife dividend safe? ›

    Manulife stock's dividend should be safe and the stock appears to be fairly valued.

    Why did you choose Manulife? ›

    Professional Tone:- I am interested in working at Manulife because it is a leading global financial services company. I believe that I could learn a lot from working at Manulife and contribute to the company's success.

    Is Manulife stock undervalued? ›

    The intrinsic value of one MFC stock under the Base Case scenario is 51.71 CAD. Compared to the current market price of 36.73 CAD, Manulife Financial Corp is Undervalued by 29%.

    Should I sell my Manulife shares? ›

    Manulife Financial Corporation MFC is set to gain from the strength of its Asia business, its expanding Wealth and Asset Management business and a solid capital position. These, along with solid growth projections, make the stock worth retaining.

    Who pays the highest stock dividend? ›

    20 high-dividend stocks
    CompanyDividend Yield
    CVR Energy Inc (CVI)10.14%
    Eagle Bancorp Inc (MD) (EGBN)8.76%
    Insteel Industries, Inc. (IIIN)8.68%
    Alexander's Inc. (ALX)7.98%
    18 more rows
    7 days ago

    What is the dividend scale for Manulife in 2024? ›

    Effective September 1, 2024, the dividend scale interest rate for Manulife Par and Manulife Par with Vitality Plus™ policies will remain at 6.35% for policies dated on or after June 23, 2018. Learn more about the rate.

    What is stock dividend payout rate? ›

    The payout ratio shows the proportion of earnings that a company pays its shareholders in the form of dividends expressed as a percentage of the company's total earnings. The calculation is derived by dividing the total dividends being paid out by the net income generated.

    How much do I need to invest to make $1000 a month in dividends? ›

    If you want to collect $1,000 in safe monthly dividend income, simply invest $121,000 (split equally, three ways) into the following three ultra-high-yield monthly payers, which are averaging a 9.92% yield.

    What is the best dividend stock? ›

    Top 10 Dividend Stocks In The United States
    NameDividend YieldDividend Rating
    Premier Financial (NasdaqGS:PFC)5.12%★★★★★★
    Silvercrest Asset Management Group (NasdaqGM:SAMG)4.89%★★★★★★
    OceanFirst Financial (NasdaqGS:OCFC)4.52%★★★★★★
    OTC Markets Group (OTCPK:OTCM)4.73%★★★★★★
    6 more rows
    2 days ago

    How long should you hold dividend stocks? ›

    At the most basic level, you only need to own a stock by the ex-dividend date (or deadline) in order to get the dividend. And you can sell the stock a day or two after that, once everything settles. So in theory, you only need to own the stock for a couple of days to get the dividend.

    What is the most reliable dividend stock? ›

    10 Best Dividend Stocks to Buy
    • Verizon Communications VZ.
    • Chevron CVX.
    • Comcast CMCSA.
    • Medtronic MDT.
    • Dow DOW.
    • LyondellBasell Industries LYB.
    • Devon Energy DVN.
    • Hershey HSY.
    Aug 30, 2024

    What is the best dividend mutual fund? ›

    21 Best Dividend ETFs and Mutual Funds
    • Vanguard Dividend Appreciation Index VDADX.
    • Vanguard Dividend Growth VDIGX.
    • Vanguard High Dividend Yield ETF VYM.
    • Vanguard High Dividend Yield Index VHYAX.
    • WisdomTree U.S. LargeCap Dividend ETF DLN.
    • WisdomTree U.S. MidCap Dividend ETF DON.
    • WisdomTree U.S. SmallCap Dividend ETF DES.
    Aug 12, 2024

    What is MFC 5 year dividend growth? ›

    MFC Dividend Growth Rate for past 5 years (DGR5)
    YearDividendEstimated Yield on Cost
    20271.731USD6.17%
    20261.537USD5.47%
    20251.365USD4.86%
    20241.212USD4.31%
    7 more rows

    What is the stock price forecast for MFC in 2025? ›

    The Wall Street analyst predicted that Manulife Financial's share price could reach $40.00 by Jun 28, 2025. The average Manulife Financial stock price prediction forecasts a potential upside of 42.45% from the current MFC share price of $28.08.

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