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Manulife FinancialPHS:MFC +0.89%63 3-Year Dividend Growth Rate is 10.10% as of Mar. 2026, which is 5% below its 10-year median of 10.60. GuruFocus rates PHS:MFC with a GF Score™ of 63/100 and a GF Value™ of ₱1,833.53 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 274 Insurance companies, Manulife Financial ranks better than 52.92% on this metric.
The historical rank and industry rank for Manulife Financial's 3-Year Dividend Growth Rate or its related term are showing as below:
PHS:MFC'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -19.6 Med: 10.6 Max: 25.1
Current: 10.1
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.
PHS:MFC's 3-Year Dividend Growth Rate is ranked better than 52.92% of 274
companies
in the Insurance industry
Industry Median: 9.6
vs PHS:MFC: 10.10
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.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 13 years, the highest Dividend Payout Ratio of Manulife Financial was 0.57. The lowest was 0.33. And the median was 0.39.
2. 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:PHP 54.939894
CAD 0.485000
2026-02-25
2026-02-25
2026-03-19
Cash Dividend
quarterly
CAD:PHP 54.939894
CAD 0.440000
2025-11-26
2025-11-26
2025-12-19
Cash Dividend
quarterly
CAD:PHP 54.939894
CAD 0.440000
2025-08-20
2025-08-20
2025-09-19
Cash Dividend
quarterly
CAD:PHP 54.939894
* 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 Dividend Yield (%) for Today is calculated as
Current Share Price is ₱2500.00.
Manulife Financial's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₱101.6388039.
During the past 13 years, the highest Dividend Yield of Manulife Financial was 7.34%. The lowest was 2.94%. And the median was 4.11%.
Warning Sign:
Manulife Financial Corp stock Dividend Yield % is close to 10-year low.
* 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.
Manulife Financial 3-Year Dividend Growth Rate Related Terms>
PHS:MFC vs AFL, MET, PRU: 3-Year Dividend Growth Rate Comparison
For the Insurance - Life subindustry, Manulife Financial's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate vs Insurance Industry
For the Insurance industry and Financial Services sector, Manulife Financial's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Manulife Financial's 3-Year Dividend Growth Rate falls into.
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Dividend Growth Rate of 10.10% mean?
Manulife Financial (PHS:MFC) has a 3-Year Dividend Growth Rate of 10.10% as of Mar. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Manulife Financial and its competitors. This is near median its historical median of 10.60. According to the industry distribution chart, Manulife Financial ranks #129 out of 274 companies in the Insurance industry, placing it in the top 47.1%.
Is Manulife Financial's 3-Year Dividend Growth Rate too high?
Manulife Financial's current 3-Year Dividend Growth Rate of 10.10% is near median its 10-year median of 10.60. The Insurance industry median 3-Year Dividend Growth Rate is 9.60. Manulife Financial's value of 10.10% is 5.2% above this industry median. Based on the distribution chart, Manulife Financial ranks #129 out of 274 companies in the Insurance industry, which is above the industry midpoint. Overall, Manulife Financial has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manulife Financial's 3-Year Dividend Growth Rate compare to AFL and MET?
According to the Insurance industry distribution chart, Manulife Financial ranks #129 out of 274 companies for 3-Year Dividend Growth Rate. This puts Manulife Financial in the upper half of its industry. The industry median 3-Year Dividend Growth Rate is 9.60. Manulife Financial's value of 10.10% is 5.2% above this benchmark. While the company's 10-year median is 10.60 vs. the industry median of 9.60, Manulife Financial has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for an Insurance company?
The median 3-Year Dividend Growth Rate among Insurance companies is 9.60, based on 274 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Dividend Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manulife Financial's current 3-Year Dividend Growth Rate of 10.10% is 5.2% above 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 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Manulife Financial and its competitors. For the Insurance industry, the median 3-Year Dividend Growth Rate is 9.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manulife Financial's current 3-Year Dividend Growth Rate is 10.10%, which is near median its own 10-year median of 10.60. 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 (PHS:MFC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱1,833.53, compared to a current price of ₱2,500.00 — trading 36.3% above its estimated fair value. The current 3-Year Dividend Growth Rate is 10.10%, which is near median its 10-year median of 10.60 and 5.2% above the Insurance industry median of 9.60. Manulife Financial's overall GF Score™ is 63/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For Manulife Financial (PHS:MFC), the current 3-Year Dividend Growth Rate is 10.10% as of Mar. 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 (PHS:MFC) Overvalued in 2026?
Based on GuruFocus' analysis, Manulife Financial stock appears to be overvalued.
The current stock price of ₱2,500.00 is trading 36.3% above its estimated GF Value™ of ₱1,833.53.
GuruFocus considers Manulife Financial to be Significantly Overvalued.
Key valuation signals for PHS:MFC:
3-Year Dividend Growth Rate: 10.10% (near median its 10-year median of 10.60)
GF Value™: ₱1,833.53 vs. price of ₱2,500.00 (36.3% above fair value)
Industry Position: 5.2% above the Insurance median (#129 of 274)
No single metric tells the full story. See the PHS: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.
63GF Score
Get the complete analysis for PHS:MFC
3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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