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Manulife declares common share dividend

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On August 10, 2022, Manulife's Board of Directors announced a quarterly dividend of $0.33 per share on common shares, payable from September 19, 2022, to shareholders on record by August 23, 2022. The company will also purchase common shares on the market as part of its Canadian and U.S. Dividend Reinvestment and Share Purchase Plans, with the purchase price based on average costs. Manulife operates globally, providing financial services to over 33 million customers, with a workforce exceeding 38,000 employees.

Positive
  • Quarterly dividend of $0.33 per share enhances shareholder returns.
  • Strong operational framework with a global workforce of over 38,000 employees.
  • Serves over 33 million customers, indicating a robust customer base.
Negative
  • None.

C$ unless otherwise stated                                                           TSX/NYSE/PSE: MFC     SEHK: 945 

TORONTO, Aug. 10, 2022 /PRNewswire/ - Manulife's Board of Directors today announced a quarterly shareholders' dividend of $0.33 per share on the common shares of Manulife Financial Corporation (the "Company"), payable on and after September 19, 2022, to shareholders of record at the close of business on August 23, 2022.

In respect of the Company's Canadian Dividend Reinvestment and Share Purchase Plan and its U.S. Dividend Reinvestment and Share Purchase Plan, the Company will purchase common shares on the open market in connection with the reinvestment of dividends and optional cash purchases under these plans. The purchase price of these common shares will be based on the average of the actual cost to purchase them and there are no applicable discounts.

About Manulife

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we provide financial advice and insurance, operating as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States. Through Manulife Investment Management, the global brand for our Global Wealth and Asset Management segment, we serve individuals, institutions, and retirement plan members worldwide. At the end of 2021, we had more than 38,000 employees, over 119,000 agents, and thousands of distribution partners, serving over 33 million customers. We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong.

Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com.

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SOURCE Manulife Financial Corporation

FAQ

What is the dividend amount declared by Manulife in August 2022?

Manulife declared a dividend of $0.33 per share on August 10, 2022.

When will Manulife's dividend be paid?

The dividend will be payable on and after September 19, 2022.

What are the record dates for Manulife's dividend?

Shareholders must be on record by August 23, 2022, to receive the dividend.

How does Manulife's Dividend Reinvestment Plan work?

Manulife will purchase common shares on the open market for reinvestment of dividends without discounts.

Manulife Financial Corp.

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Insurance - Life
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United States of America
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