Manulife declares preferred share dividends

Rhea-AI Summary

On August 10, 2022, Manulife Financial Corporation announced quarterly dividends for its non-cumulative preferred shares. The dividends are payable on or after September 19, 2022, to shareholders of record as of August 23, 2022. Key dividend amounts include Class A Shares Series 2 at $0.29063, Class A Shares Series 3 at $0.28125, and several Class 1 Shares ranging from $0.14675 to $0.295688. This announcement reflects the company's ongoing commitment to provide returns to its investors.

Positive

• Quarterly dividends announced indicate strong financial performance.
• Dividend amounts range from $0.14675 to $0.295688 per share, enhancing shareholder income.

Negative

• None.

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

TORONTO, Aug. 10, 2022 /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 September 19, 2022, to shareholders of record at the close of business on August 23, 2022:

• 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 - $0.182803 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 25 - $0.29375 per share

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 for Manulife's Class A Shares Series 2?

The dividend amount for Class A Shares Series 2 is $0.29063 per share.

When will the dividends be paid by Manulife?

The dividends will be payable on or after September 19, 2022.

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

The record date for the dividends is August 23, 2022.

Are the dividends for Manulife preferred shares cumulative?

No, the dividends for Manulife's preferred shares are non-cumulative.

How frequently does Manulife declare dividends?

Manulife declares dividends quarterly.