GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Manulife Financial Corp (TSX:MFC.PR.M.PFD) » Definitions » 3-Year Dividend Growth Rate

Manulife Financial (TSX:MFC.PR.M.PFD) 3-Year Dividend Growth Rate

: 9.20% (As of Dec. 2023)
View and export this data going back to 2014. Start your Free Trial

Manulife Financial's Dividends per Share for the three months ended in Dec. 2023 was C$0.00.

The historical rank and industry rank for Manulife Financial's 3-Year Dividend Growth Rate or its related term are showing as below:

TSX:MFC.PR.M.PFD' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -19.6   Med: 10.8   Max: 25.1
Current: 9.2

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 10.80% per year.

TSX:MFC.PR.M.PFD's 3-Year Dividend Growth Rate is ranked better than
60.83% of 240 companies
in the Insurance industry
Industry Median: 6.3 vs TSX:MFC.PR.M.PFD: 9.20

During the past 12 months, Manulife Financial's average Dividends Per Share Growth Rate was 10.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.80% 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.

Manulife Financial's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, Manulife Financial's Dividend Yield % is 4.63%.

Warning Sign:

Manulife Financial Corp stock dividend yield is close to 2-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive 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 Distribution

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.



Manulife Financial 3-Year Dividend Growth Rate Calculation

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.


Manulife Financial  (TSX:MFC.PR.M.PFD) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Manulife Financial's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0/ 0
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Manulife Financial was 0.56. The lowest was 0.33. And the median was 0.38.

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 0.2382024-02-272024-02-282024-03-19Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.2382023-11-212023-11-222023-12-19Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.2382023-08-222023-08-232023-09-19Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.2382023-05-232023-05-242023-06-19Cash DividendquarterlyCAD:CAD 1.000000

* 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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.952/20.66
=4.61 %

Current Share Price is C$20.66.
Manulife Financial's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.952.

During the past 13 years, the highest Dividend Yield of Manulife Financial was 7.34%. The lowest was 2.34%. And the median was 3.90%.

Warning Sign:

Manulife Financial Corp stock dividend yield is close to 2-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>


Manulife Financial (TSX:MFC.PR.M.PFD) Business Description

Address
200 Bloor Street East, Toronto, ON, CAN, M4W 1E5
Manulife Financial provides life insurance, annuities, and asset management products to individuals and group customers in Canada, the United States, and Asia. Its investment management business contributes approximately 20% of its earnings and has around CAD 1.35 trillion in assets under management and administration as of June 30, 2023. The U.S. business, which primarily operates under the John Hancock brand, contributes about 30% of earnings and is mainly focused on providing insurance products for estate, business, and income protection. The Asia segment provides insurance products and insurance-based wealth accumulation products in over 11 countries and contributes around 30% of earnings. The Canadian business segment contributes approximately 20% of earnings.

Manulife Financial (TSX:MFC.PR.M.PFD) Headlines

No Headlines