During the past 12 months, Manulife Financial's average Dividends Per Share Growth Rate was 10.10% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 9.90% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 10.10% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Manulife Financial was 25.10% per year. The lowest was -19.60% per year. And the median was 10.60% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Manulife Financial Forward Dividend Yield % Related Terms
MFC vs AFL, MET, PRU: Forward Dividend Yield % Comparison
For the Insurance - Life subindustry, Manulife Financial's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Manulife Financial Forward Dividend Yield % vs Insurance Industry
For the Insurance industry and Financial Services sector, Manulife Financial's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Manulife Financial's Forward Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Manulife Financial Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CAD 0.485000
2026-05-29
2026-05-29
2026-06-19
Cash Dividend
quarterly
CAD:USD 0.725479
CAD 0.485000
2026-02-25
2026-02-25
2026-03-19
Cash Dividend
quarterly
CAD:USD 0.733568
CAD 0.440000
2025-11-26
2025-11-26
2025-12-19
Cash Dividend
quarterly
CAD:USD 0.715153
CAD 0.440000
2025-08-20
2025-08-20
2025-09-19
Cash Dividend
quarterly
CAD:USD 0.725505
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Manulife Financial's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
1.40742926
/
39.70
=
3.55 %
Current Share Price is $39.70. Manulife Financial's Dividends per Share for the forward twelve months is calculated as $0.351857315 * 4 = $1.40742926.
Manulife Financial's Trailing Annual Dividend Yield (%) for Today is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Forward Dividend Yield % of 3.36% mean?
Manulife Financial (MFC) has a Forward Dividend Yield % of 3.36% as of Jun. 25, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Manulife Financial and its competitors. According to the industry distribution chart, Manulife Financial ranks #222 out of 417 companies in the Insurance industry, placing it in the top 53.2%.
Is Manulife Financial's Forward Dividend Yield % too high?
Manulife Financial's current Forward Dividend Yield % is 3.36%. The Insurance industry median Forward Dividend Yield % is 3.38. Manulife Financial's value of 3.36% is 0.6% below this industry median. Based on the distribution chart, Manulife Financial ranks #222 out of 417 companies in the Insurance industry, which is below the industry midpoint. Overall, Manulife Financial has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manulife Financial's Forward Dividend Yield % compare to AFL and MET?
According to the Insurance industry distribution chart, Manulife Financial ranks #222 out of 417 companies for Forward Dividend Yield %. This places Manulife Financial in the lower half of its industry. The industry median Forward Dividend Yield % is 3.38. Manulife Financial's value of 3.36% is 0.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for an Insurance company?
The median Forward Dividend Yield % among Insurance companies is 3.38, based on 417 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manulife Financial's current Forward Dividend Yield % of 3.36% is 0.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Manulife Financial and its competitors. For the Insurance industry, the median Forward Dividend Yield % is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manulife Financial's current Forward Dividend Yield % is 3.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manulife Financial stock overvalued right now?
Based on GuruFocus' analysis, Manulife Financial (MFC) is currently considered Modestly Overvalued. The stock's GF Value™ is $30.78, compared to a current price of $39.70 — trading 29% above its estimated fair value. The current Forward Dividend Yield % is 3.36% and 0.6% below the Insurance industry median of 3.38. Manulife Financial's overall GF Score™ is 67/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Manulife Financial (MFC), the current Forward Dividend Yield % is 3.36% as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Manulife Financial (MFC) Overvalued in 2026?
Based on GuruFocus' analysis, Manulife Financial stock appears to be overvalued.
The current stock price of $39.70 is trading 29% above its estimated GF Value™ of $30.78.
GuruFocus considers Manulife Financial to be Modestly Overvalued.
Key valuation signals for MFC:
Forward Dividend Yield %: 3.36%
GF Value™: $30.78 vs. price of $39.70 (29% above fair value)
Industry Position: 0.6% below the Insurance median (#222 of 417)
No single metric tells the full story. See the MFC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manulife Financial is one of the Big Three Canadian life insurers. The firm provides life insurance, annuities, asset management, and wealth management products to individuals and group customers in Canada, the United States, and Asia. The Canadian business segment contributes approximately 21% of 2025 adjusted earnings. The Asia segment operates across 12 countries and contributes around 38% of earnings, with a significant presence in Hong Kong and Singapore. The US business, which primarily operates under the John Hancock brand, contributes about 16% of earnings. Manulife's global asset and wealth management business contributes approximately 25% of its earnings and had around CAD 1.1 trillion in assets under management and administration as of the end of 2025.
67GF Score
Get the complete analysis for MFC
Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MFC has been successfully added to your 