As the day concludes, Manulife Financial MFC is preparing to distribute a dividend payout of $0.36 per share, resulting in an annualized dividend yield of 5.60%. This payout is exclusive to investors who held the stock before the ex-dividend date on August 22, 2023.
Manulife Financial Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-08-22 | 4 | $0.36 | 5.6% | 2023-08-09 | 2023-08-23 | 2023-09-19 |
| 2023-05-23 | 4 | $0.36 | 5.48% | 2023-05-10 | 2023-05-24 | 2023-06-19 |
| 2023-02-27 | 4 | $0.36 | 5.59% | 2023-02-15 | 2023-02-28 | 2023-03-20 |
| 2022-11-21 | 4 | $0.33 | 5.86% | 2022-11-09 | 2022-11-22 | 2022-12-19 |
| 2022-08-22 | 4 | $0.33 | 5.59% | 2022-08-10 | 2022-08-23 | 2022-09-19 |
| 2022-05-24 | 4 | $0.33 | 5.35% | 2022-05-11 | 2022-05-25 | 2022-06-20 |
| 2022-02-22 | 4 | $0.33 | 4.91% | 2022-02-09 | 2022-02-23 | 2022-03-21 |
| 2021-11-30 | 4 | $0.28 | 4.56% | 2021-11-03 | 2021-12-01 | 2021-12-20 |
| 2021-08-16 | 4 | $0.28 | 4.66% | 2021-08-04 | 2021-08-17 | 2021-09-20 |
| 2021-05-17 | 4 | $0.28 | 4.18% | 2021-05-05 | 2021-05-18 | 2021-06-21 |
| 2021-02-22 | 4 | $0.28 | 4.54% | 2021-02-10 | 2021-02-23 | 2021-03-19 |
| 2020-11-20 | 4 | $0.28 | 5.1% | 2020-11-11 | 2020-11-23 | 2020-12-21 |
Analyzing Manulife Financial Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
The company demonstrated a positive dividend growth pattern from 2019 to 2022, with the dividend per share rising from $1.00 to $1.32. This signifies the company's commitment to consistently increasing shareholder dividends.
YoY Earnings Growth For Manulife Financial
From 2019 to 2022, Manulife Financial has demonstrated an upward trend in earnings, with earnings per share rising from $1.94 to $2.40. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.
Recap
In this article, we explore the recent dividend payout of Manulife Financial and its significance for shareholders. The company has decided to distribute a dividend of $0.36 per share today, which equates to an annualized dividend yield of 5.60%.
Considering the increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, Manulife Financial appears to be in a strong financial position, indicating their ability to sustain dividend distributions to investors.
To stay well-informed about potential changes in financials or dividend disbursements, investors should closely observe the company's performance in the upcoming quarters.
[See current stock movements Manulife Financial on Benzinga.](https://www.benzinga.com/quote/Manulife Financial (NYSE: MFC))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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