Manulife Financial (Manulife Financial) Dividend Payout Ratio

: 0.43 (As of Dec. 2023)

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Manulife Financial's dividend payout ratio for the months ended in Dec. 2023 was 0.43.

The historical rank and industry rank for Manulife Financial's Dividend Payout Ratio or its related term are showing as below:

MFC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.33 Med: 0.38 Max: 0.56
Current: 0.43

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.

MFC's Dividend Payout Ratio is ranked worse than
56.94% of 288 companies
in the Insurance industry
Industry Median: 0.37 vs MFC: 0.43

As of today (2024-04-23), the Dividend Yield % of Manulife Financial is 4.78%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Manulife Financial was 7.34%. The lowest was 2.34%. And the median was 3.91%.

Manulife Financial's Dividends per Share for the months ended in Dec. 2023 was $0.27.

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.

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.

The growth rate is calculated with least square regression.

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

Manulife Financial Dividend Payout Ratio Historical Data

The historical data trend for Manulife Financial's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Manulife Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.34

0.41

0.36

0.43

0.56

Manulife Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.34	0.46	0.44	0.40	0.43

Competitive Comparison

For the Insurance - Life subindustry, Manulife Financial's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

For the Insurance industry and Financial Services sector, Manulife Financial's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Manulife Financial's Dividend Payout Ratio falls into.

Manulife Financial Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.088	/	1.945
	=	0.56

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 )
	=	0.272	/	0.634
	=	0.43

Manulife Financial (NYSE:MFC) Dividend Payout Ratio Explanation

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 Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Manulife Financial's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Manulife Financial (Manulife Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Manulife Financial Corp (NYSE:MFC) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

MNLCF.PFD:USA MFC:Philippines 00945:Hong Kong MLU:Germany MFC.PR.Q.PFD:Canada MFC.PR.P.PFD:Canada MFC.PR.N.PFD:Canada MFC.PR.M.PFD:Canada MFC.PR.L.PFD:Canada MFC.PR.K.PFD:Canada MFC.PR.J.PFD:Canada MFC.PR.I.PFD:Canada MFC.PR.F.PFD:Canada MFC.PR.C.PFD:Canada MFC.PR.B.PFD:Canada MFC:Canada

Address

200 Bloor Street East, Toronto, ON, CAN, M4W 1E5

Website

https://www.manulife.com

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.