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Data last updated: Aug 18, 2026
Snapshot (as of Aug 18, 2026): Manulife Financial Corporation (MFC.TO) pays a $1.85 annual dividend ($0.48 quarterly), yielding 3.01% at $61.36/share. Next ex-dividend date 2026-08-21. 15 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 3.01%
Annual Dividend: $1.85 per share
Payout Ratio: 50.9%
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, operating across life insurance, wealth management, and annuity products in Asia, Canada, and the United States. The current yield stands at 3.02%, with a trailing annual dividend rate of $1.85 per share paid quarterly. The next ex-dividend date is August 21, 2026. A beta of 0.781 means MFC.TO stock moves less than the broader market, which suits income investors who prioritize lower price volatility over aggressive capital appreciation.
Manulife Financial Corporation pays out 50.9% of earnings as dividends, a payout ratio classified as moderate (40–60%). That level leaves meaningful earnings retained within the business, supported by diversified revenue streams across individual life insurance, group retirement plans, and institutional asset management. Manulife Financial Corporation dividend safety gets a further boost from the breadth of its distribution network, spanning insurance agents, banks, and financial advisors across multiple geographies, though exposure to global financial markets means investment-related earnings can fluctuate with market conditions.
Over the past 14 years, Manulife Financial Corporation dividend history shows a CAGR of 9.1% per year from 2011 to 2025. Per-share payments grew from $0.52 to $1.76 over that window (2026 data is partial and excluded from the CAGR calculation). The largest single-year increase was 16.7% in 2015, and MFC.TO has now raised its dividend for 15 consecutive years, a streak that spans multiple interest rate cycles.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +10.1% | $1.32 (2022) | $1.76 (2025) |
| 5-Year | +9.5% | $1.12 (2020) | $1.76 (2025) |
| 10-Year | +10.2% | $0.67 (2015) | $1.76 (2025) |
Manulife Financial Corporation fits dividend investors who want a combination of meaningful current income and above-average dividend growth from a diversified financial services business. The yield of 3.02% falls in the moderate (2–4%) range and sits noticeably above the stock's own 5-year average yield of 2.38%, which means buyers today are locking in a historically elevated income rate relative to recent norms. The 50.9% payout ratio leaves room for further increases. The trade-off is that earnings tied to global insurance and asset management operations introduce some variability, and the beta of 0.781, while below 1, does not eliminate market sensitivity entirely.
| Payment Date | Amount per Share |
|---|---|
| 2026-08-21 | $0.4850 |
| 2026-05-29 | $0.4850 |
| 2026-02-25 | $0.4850 |
| 2025-11-26 | $0.4400 |
| 2025-08-20 | $0.4400 |
| 2025-05-21 | $0.4400 |
| 2025-03-05 | $0.4400 |
| 2024-11-20 | $0.4000 |
| 2024-08-21 | $0.4000 |
| 2024-05-21 | $0.4000 |
| Year | Total Dividends |
|---|---|
| 2026 | $1.4550 |
| 2025 | $1.7600 |
| 2024 | $1.6000 |
| 2023 | $1.4600 |
| 2022 | $1.3200 |
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