Manulife Financial Increases Quarterly Dividend 9.6%
By Ben Glickman
Manulife Financial raised its quarterly dividend 9.6%.
The Canadian financial services provider on Wednesday declared a dividend of 40 Canadian cents (30 cents) a share, compared with a previous payout of 36.5 Canadian cents.
The new payout, equal to C$1.60 a year, represents an annual payout of 5.2% on Toronto-traded shares, based on the Wednesday closing price of $30.67.
The dividend is payable March 19 to shareholders of record Feb. 28.
Write to Ben Glickman at ben.glickman@wsj.com
(END) Dow Jones Newswires
February 14, 2024 17:37 ET (22:37 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
September Jobs Report Forecasts Show Moderate Hiring Gains
-
Port Strike a Headache for Shippers but a Potential Tailwind for Certain US Transport Stocks
-
13 Charts on Q3′s Roller-Coaster Rally for Stocks and Bonds
-
5 Stocks to Buy Instead of Overpriced US Equities
-
Q4 Stock Market Outlook: Where We See Opportunities for Investors
-
Markets Brief: Non-Farm Payrolls in the Spotlight Again
-
6 Top-Performing Large-Growth Funds
-
What’s the Difference Between the CPI and PCE Indexes?
-
This Cheap Stock Is Still a Buy Even After 50% Rally
-
10 Top-Performing Dividend Stocks of Q3 2024
-
33 Undervalued Stocks
-
Communication Services: Cable’s Broadband Dominance Isn’t as Strong as It Once Was
-
Technology: Strength Continues, With Software Presenting the Best Buying Opportunities
-
Best- and Worst-Performing Stocks of Q3 2024
-
Top Stocks to Own From the Best Fund Managers
-
2 Cheap Stocks Top Managers Have Been Buying