Manulife declares preferred share dividends

Rhea-AI Summary

Manulife's Board of Directors has announced quarterly dividends for non-cumulative preferred shares, payable on or after September 19, 2021. Shareholders of record as of August 17, 2021 will receive varying dividends based on share class, including:

• 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 - $0.095908 per share

Manulife operates globally, managing approximately CAD$1.3 trillion in assets.

Positive

• Announcement of regular dividends boosts shareholder confidence.
• Dividend payment shows financial stability and commitment to shareholders.
• Total assets under management are substantial at CAD$1.3 trillion.

Negative

• None.

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

TORONTO, Aug. 4, 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 September 19, 2021 to shareholders of record at the close of business on August 17, 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 - $0.095908 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 operate as Manulife across our offices in Canada, Asia, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and our global wealth and asset management segment, Manulife Investment Management, serves 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 June 30, 2021, we had CAD$1.3 trillion (US$1.1 trillion) in assets under management and administration, and in the previous 12 months we made $31.3 billion in payments to our customers. Our principal operations are in Asia, 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.

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SOURCE Manulife Financial Corporation

FAQ

What is the dividend amount for Manulife preferred shares?

Dividends vary by share class; for example, Class A Shares Series 2 receive $0.29063 per share.

When will the dividends for Manulife be paid?

Dividends will be payable on or after September 19, 2021.

What is the record date for Manulife's dividend payment?

The record date for the dividend payment is August 17, 2021.

How much are the dividends for Class 1 Shares of Manulife?

Class 1 Shares Series 3 receive $0.14675 per share, Series 4 receive $0.095908 per share, and so on.