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Data last updated: Jul 06, 2026
Snapshot (as of Jul 06, 2026): Manulife Financial Corporation (MFC) pays a $1.85 annual dividend ($0.35 quarterly), yielding 3.14% at $41.18/share. Next ex-dividend date 2026-05-29. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 3.14%
Annual Dividend: $1.85 per share
Payout Ratio: 52.4%
Ex-Dividend Date: 2026-05-29
Dividend Frequency: quarterly
Sector: Financial Services
Years of Dividend History: 27
Manulife Financial Corporation dividend income comes from one of Canada's largest financial services companies, spanning life insurance, wealth management, and asset management across Asia, Canada, and the United States. The current yield sits at 3.14%, paid quarterly, with a trailing annual dividend rate of $1.85 per share and the next ex-dividend date on May 29, 2026. MFC's beta of 0.78 means the stock moves less than the broader market, which appeals to income investors who prioritize lower price volatility over aggressive growth.
Manulife Financial Corporation pays out 52.4% of earnings as dividends, a payout ratio classified as moderate (40-60%). That level leaves meaningful earnings retained within the business, which spans recurring-demand products like individual life insurance, long-term care insurance, and group retirement programs across multiple geographies. Manulife Financial Corporation dividend safety faces its most notable data-supported pressure from the dividend history itself: the record contains at least one year-over-year decline exceeding 5%, which shows the payout is not unconditionally protected through all conditions.
Manulife Financial Corporation dividend history shows a CAGR of 1.4% per year from 2008 to 2024. Per-share payments grew from $0.939 to $1.171 over that window (2026 data is a partial year and excluded from the CAGR calculation). The largest annual increase in the window was 13.1% in 2017, but that single year stands out sharply against the long-run average. Growth is slow, and income investors relying on dividend raises to offset inflation will find the 1.4% pace falls short of most inflation benchmarks.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | -15.2% | $1.02 (2022) | $0.62 (2025) |
| 5-Year | -5.8% | $0.84 (2020) | $0.62 (2025) |
| 10-Year | +1.7% | $0.52 (2015) | $0.62 (2025) |
Manulife Financial Corporation stock fits income-focused investors who want exposure to a diversified financial services business, including life insurance and asset management, without taking on high payout risk. The yield of 3.14% falls in the moderate (2-4%) range and sits above the 5-year average of 2.65%, which means the current entry point offers more income than the stock has historically delivered. The trade-off is clear: dividend growth at 1.4% per year is slow, and the history includes at least one meaningful cut, so this is not a stock built around compounding dividend income. What MFC offers is a moderate yield backed by a diversified, multinational business with a payout ratio that does not appear stretched.
| Payment Date | Amount per Share |
|---|---|
| 2026-05-29 | $0.3518 |
| 2026-02-25 | $0.3540 |
| 2025-05-21 | $0.3160 |
| 2025-03-05 | $0.3060 |
| 2024-11-20 | $0.2870 |
| 2024-08-21 | $0.2940 |
| 2024-05-21 | $0.2940 |
| 2024-02-27 | $0.2960 |
| 2023-11-21 | $0.2660 |
| 2023-08-22 | $0.2700 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.7058 |
| 2025 | $0.6220 |
| 2024 | $1.1710 |
| 2023 | $1.0740 |
| 2022 | $1.0190 |
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