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Data last updated: Oct 12, 2026
Snapshot (as of Oct 12, 2026): Manulife Financial Corporation (MFC) pays a $1.85 annual dividend ($0.35 quarterly), yielding 3.21% at $42.43/share. Next ex-dividend date 2026-08-21. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 3.21%
Annual Dividend: $1.85 per share
Payout Ratio: 50.1%
Ex-Dividend Date: 2026-08-21
Dividend Frequency: quarterly
Sector: Financial Services
Years of Dividend History: 27
Manulife Financial Corporation dividend income comes from one of Canada's largest insurers, spanning life insurance, annuities, and wealth management across the U.S., Canada, and Asia. The current yield is 3.21%, with trailing twelve-month payments totaling $1.85 per share. MFC pays quarterly, with the next ex-dividend date on August 21, 2026. A beta of 0.738 means MFC stock moves less than the broader market, which suits income-focused investors who prioritize lower volatility.
Manulife Financial Corporation pays out 50.1% of earnings as dividends, a payout ratio classified as moderate (40–60%). That level leaves meaningful room to absorb earnings pressure without immediately threatening the dividend, supported by MFC's diversified revenue across life insurance, annuity products, and wealth and asset management businesses serving retirement and institutional clients across multiple geographies. The most significant data-supported pressure point for Manulife Financial Corporation dividend safety is the history table, which contains at least one year-over-year decline exceeding 5%, showing the payout is not immune to earnings swings.
Manulife Financial Corporation dividend history shows a CAGR of 6.4% per year from 2011 to 2025. Per-share payments grew from $0.5255 to $1.2541 over that period (2026 data is a partial year and excluded from the growth calculation). The largest annual increase in the window was 37.8% in 2020, though the history also includes at least one year-over-year decline exceeding 5%, so growth has not been linear.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +7.3% | $1.01 (2022) | $1.25 (2025) |
| 5-Year | +3.9% | $1.04 (2020) | $1.25 (2025) |
| 10-Year | +9.2% | $0.52 (2015) | $1.25 (2025) |
Manulife Financial Corporation fits income-focused investors who want exposure to a diversified financial services business, including life insurance and wealth management, without taking on high payout risk. The yield sits in the moderate (2–4%) range at 3.21%, which is below MFC's own 5-year average of 4.35%, meaning the current entry point offers less income than the stock has historically delivered. The 6.4% annual dividend growth rate over 14 years adds a real inflation-offset component. The trade-off is that growth has not been smooth: the history includes both a 37.8% single-year jump and at least one meaningful decline, so investors accept some variability in exchange for a mid-range yield and a manageable payout ratio.
| Payment Date | Amount per Share |
|---|---|
| 2026-08-21 | $0.3523 |
| 2026-05-29 | $0.3518 |
| 2026-02-25 | $0.3545 |
| 2025-11-26 | $0.3130 |
| 2025-08-20 | $0.3171 |
| 2025-05-21 | $0.3183 |
| 2025-03-05 | $0.3057 |
| 2024-11-20 | $0.2856 |
| 2024-08-21 | $0.2945 |
| 2024-05-21 | $0.2931 |
| Year | Total Dividends |
|---|---|
| 2026 | $1.0586 |
| 2025 | $1.2541 |
| 2024 | $1.1691 |
| 2023 | $1.0757 |
| 2022 | $1.0139 |
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