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Manulife Financial (TSX:MFC) 5-Year Yield-on-Cost % : 5.61 (As of Dec. 11, 2024)


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What is Manulife Financial 5-Year Yield-on-Cost %?

Manulife Financial's yield on cost for the quarter that ended in Sep. 2024 was 5.61.


The historical rank and industry rank for Manulife Financial's 5-Year Yield-on-Cost % or its related term are showing as below:

TSX:MFC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.86   Med: 6.53   Max: 11.66
Current: 5.61


During the past 13 years, Manulife Financial's highest Yield on Cost was 11.66. The lowest was 3.86. And the median was 6.53.


TSX:MFC's 5-Year Yield-on-Cost % is ranked better than
72.68% of 399 companies
in the Insurance industry
Industry Median: 4.02 vs TSX:MFC: 5.61

Competitive Comparison of Manulife Financial's 5-Year Yield-on-Cost %

For the Insurance - Life subindustry, Manulife Financial's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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's 5-Year Yield-on-Cost % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Manulife Financial's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Manulife Financial's 5-Year Yield-on-Cost % falls into.



Manulife Financial 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Manulife Financial is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Manulife Financial  (TSX:MFC) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Manulife Financial 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Manulife Financial's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Manulife Financial 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 1.05 trillion in assets under management and administration as of the end of 2023. The US business, which primarily operates under the John Hancock brand, contributes about 27% 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 23% of earnings.
Executives
Kenneth Michael Ross Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Steve Finch Senior Officer
Rahim Hirji Senior Officer
Brooks Tingle Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Rocco Gori Director, Senior Officer
Philip James Witherington Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Trevor Kreel Senior Officer
Tin Ku Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Anthony Alex Silva Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Scott Hartz Senior Officer
Damien Allen Green Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
James D. Gallagher Senior Officer
Paul Lorentz Senior Officer
Donald Richard Lindsay Director
Marianne Harrison Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer