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Manulife Financial Declares Fourth Quarter Dividend

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Manulife Financial Declares Fourth Quarter Dividend

Manulife Financial ( (TSE:MFC) ) has issued an update.

Manulife Financial Corporation has announced a cash dividend of CAD 0.44 per share for the fourth quarter of the financial year ending December 31, 2024. The dividend will be paid in Hong Kong dollars at an exchange rate of CAD 1 to HKD 5.4665, amounting to HKD 2.40526 per share. The ex-dividend date is set for March 4, 2025, with payment scheduled for March 19, 2025. Non-resident shareholders of Canada will be subject to a 25% withholding tax, although a lower rate may apply under applicable tax treaties.

More about Manulife Financial

Manulife Financial Corporation operates in the financial services industry, providing insurance and wealth management solutions. The company focuses on offering a range of financial products and services to clients globally, with a significant presence in Canada and Asia.

YTD Price Performance: -6.09%

Average Trading Volume: 2,349,861

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $49.22B

For a thorough assessment of MFC stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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