Manulife declares preferred share dividends

Rhea-AI Summary

On November 3, 2021, Manulife Financial Corporation announced quarterly dividends for its preferred shares. The dividends, payable on or after December 19, 2021, include:

• Class A Shares Series 2 - $0.29063
• Class A Shares Series 3 - $0.28125
• Class 1 Shares Series 3 - $0.14675
• Class 1 Shares Series 4 - $0.09954
• Class 1 Shares Series 5 - $0.243188
• Class 1 Shares Series 7 - $0.2695
• Class 1 Shares Series 9 - $0.271938
• Class 1 Shares Series 11 - $0.295688
• Class 1 Shares Series 13 - $0.275875
• Class 1 Shares Series 15 - $0.236625
• Class 1 Shares Series 17 - $0.2375
• Class 1 Shares Series 19 - $0.229688
• Class 1 Shares Series 23 - $0.303125
• Class 1 Shares Series 25 - $0.29375

Positive

• Announcement of preferred share dividends indicates strong financial health.
• Dividends range from $0.09954 to $0.303125, reflecting solid returns for shareholders.

Negative

• None.

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

TORONTO, Nov. 3, 2021 /PRNewswire/ - Manulife's Board of Directors today announced quarterly shareholders' dividends on the following non-cumulative preferred shares of Manulife Financial Corporation, payable on or after December 19, 2021 to shareholders of record at the close of business on December 1, 2021:

• Class A Shares Series 2 - $0.29063 per share
• Class A Shares Series 3 - $0.28125 per share
• Class 1 Shares Series 3 - $0.14675 per share
• Class 1 Shares Series 4 - $0.09954 per share
• Class 1 Shares Series 5 - $0.243188 per share
• Class 1 Shares Series 7 - $0.2695 per share
• Class 1 Shares Series 9 - $0.271938 per share
• Class 1 Shares Series 11 - $0.295688 per share
• Class 1 Shares Series 13 - $0.275875 per share
• Class 1 Shares Series 15 - $0.236625 per share
• Class 1 Shares Series 17 - $0.2375 per share
• Class 1 Shares Series 19 - $0.229688 per share
• Class 1 Shares Series 23 - $0.303125 per share
• Class 1 Shares Series 25 - $0.29375 per share

About Manulife
Manulife Financial Corporation is a leading international financial services provider that helps 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 2020, we had more than 37,000 employees, over 118,000 agents, and thousands of distribution partners, serving over 30 million customers. As of September 30, 2021, we had CAD$1.4 trillion (US$1.1 trillion) in assets under management and administration, and in the previous 12 months we made CAD$31.6 billion in payments to our customers.

Our principal operations are in Asia and Canada, and the United States, where we have served customers for more than 155 years. 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 are the dividend amounts declared by Manulife for its preferred shares?

Manulife declared dividends ranging from $0.09954 to $0.303125 for its preferred shares.

When will the dividends be paid to shareholders for Manulife?

The dividends will be payable on or after December 19, 2021.

What is the record date for Manulife's preferred share dividends?

The record date for the dividends is December 1, 2021.

How often does Manulife declare dividends for its preferred shares?

Manulife typically declares dividends quarterly for its preferred shares.