MANULIFE(MFC)

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Manulife: Should You Buy The Dip? (Rating Upgrade)
Seeking Alpha· 2025-04-10 22:57
Core Viewpoint - The article expresses a cautious stance on the valuation of Manulife Financial Corporation despite its favorable business profile and long-term growth prospects [1]. Group 1: Company Overview - Manulife Financial Corporation is recognized for its solid business profile and good growth prospects over the long term [1]. Group 2: Analyst Background - The author of the article is a fund manager/analyst with over 18 years of experience in the financial sector, specializing in portfolio management [1].
Manulife Appoints Stephanie Fadous Chief Actuary
Prnewswire· 2025-04-10 12:10
TSX/NYSE/PSE: MFC SEHK: 945 Hung Ko Appointed Global Head of Treasury and Investor Relations in Expanded Role TORONTO and HONG KONG, April 10, 2025 /PRNewswire/ - Manulife announced the appointment of Stephanie Fadous as Chief Actuary, effective May 9, 2025. Ms. Fadous succeeds Steve Finch, who was recently named President and CEO of Manulife Asia. She will join Manulife's Executive Leadership Team and will report to Phil Witherington, Manulife's incoming President and CEO. Ms. Fadous currently serves as M ...
Why Manulife Financial (MFC) is a Great Dividend Stock Right Now
ZACKS· 2025-04-08 16:50
Company Overview - Manulife Financial (MFC) is headquartered in Toronto and operates in the Finance sector, with a stock price change of -10.75% since the beginning of the year [3] - The company currently pays a dividend of $0.3 per share, resulting in a dividend yield of 4.44%, which is significantly higher than the Insurance - Life Insurance industry's yield of 1.68% and the S&P 500's yield of 1.76% [3] Dividend Performance - Manulife's current annualized dividend of $1.22 has increased by 3% from the previous year, and over the last 5 years, the company has raised its dividend 5 times, averaging an annual increase of 8.83% [4] - The company's payout ratio stands at 43%, indicating that it distributes 43% of its trailing 12-month earnings per share as dividends [4] Earnings Growth Expectations - For the fiscal year 2025, the Zacks Consensus Estimate projects earnings of $2.92 per share, reflecting a year-over-year growth rate of 3.55% [5] Investment Appeal - Manulife is considered an attractive dividend play and a compelling investment opportunity, currently holding a Zacks Rank of 2 (Buy) [7]
Manulife announces intention to redeem 2.237% Fixed/Floating Subordinated Debentures
Prnewswire· 2025-04-07 12:15
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO, April 7, 2025 /PRNewswire/ - Manulife Financial Corporation ("MFC") today announced its intention to redeem at par on May 12, 2025 all of its outstanding $1,000,000,000 principal amount of 2.237% Fixed/Floating Subordinated Debentures (the "Debentures") due May 12, 2030. The Debentures are redeemable at MFC's option on or after May 12, 2025 at a redemption price per Debenture equal to par, together with accrue ...
Manulife cautions investors regarding New York Stock and Bond LLC offer for shares
Prnewswire· 2025-04-03 12:30
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO, April 3, 2025 /PRNewswire/ - Manulife has been notified of an unsolicited mini-tender offer made by New York Stock and Bond LLC ("NYSB") to purchase up to 250,000 Manulife common shares, or less than 0.02% of the common shares outstanding, at a price of USD$18.50 per share. Manulife is in no way associated with NYSB and does not recommend or endorse acceptance of this unsolicited offer. Manulife ca ...
Manulife releases updated statistical information package template
Prnewswire· 2025-03-31 21:05
Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com. Media Contact Fiona McLean Manulife 437-441-7491 [email protected] Investor Relations Hung Ko Manulife 416-806-9921 [email protected] C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO, March 31, 2025 /PRNewswire/ - Manulife has released a revised template for its statistical information package ("SIP"), together with updated 2024 quarterly results to reflect the impact of Global Minimum ...
Manulife and UpLink, a World Economic Forum Initiative, Launch the 'Innovating for Asia's Demographic Future Challenge'
Prnewswire· 2025-03-27 01:00
Core Insights - Manulife has launched the 'Innovating for Asia's Demographic Future Challenge' in partnership with UpLink and the World Economic Forum to address demographic changes in Asia and promote long-term financial resilience and well-being [1][2][4] Group 1: Challenge Overview - The challenge invites start-ups and innovators to propose solutions that enhance financial resilience, well-being, and fulfillment across various life stages in Asia [1][3] - A total of $200,000 CAD will be awarded as prize money, distributed among three of the top ten winners [3] Group 2: Demographic Trends - By 2050, one in four people in Asia will be over the age of 60, driven by longer life expectancies and declining fertility rates [2] - The traditional life paradigm of 'school, work, retirement' is expected to evolve, with individuals transitioning more frequently between learning, working, caring, and recreation [2] Group 3: Focus Areas for Innovation - The challenge emphasizes three key areas: multigenerational financial resilience, equitable healthy aging, and lifelong fulfillment [6] - Solutions sought include better financial planning, expanded access to preventative health care, and maximizing personal and professional potential [6] Group 4: Strategic Partnership - This initiative is part of a multiyear partnership between Manulife and UpLink, with the current challenge being the second of three planned innovation challenges [4] - The first challenge, 'Prospering in Longevity Challenge,' concluded in October 2024, with new thematic areas to be announced for the third challenge in 2026 [4]
Manulife's Management Information Circular and Annual Report Now Available
Prnewswire· 2025-03-21 12:12
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO, March 21, 2025 /PRNewswire/ - Manulife's Management Information Circular and 2024 Annual Report are being delivered to shareholders and are now available at manulife.com. The Management Information Circular (the "Circular") contains information about the annual meeting of shareholders of Manulife Financial Corporation, including detail ...
MFC Stock Near 52-Week High: A Signal for Investors to Hold Tight?
ZACKS· 2025-03-20 14:25
Shares of Manulife Financial Corporation (MFC) closed at $30.48 on Wednesday, near its 52-week high of $33.07. This proximity underscores investor confidence. It has the ingredients for further price appreciation. The stock is trading above the 50-day and 200-day simple moving averages (SMA) of $30.07 and $28.92, respectively, indicating solid upward momentum. SMA is a widely used technical analysis tool to predict future price trends by analyzing historical price data.The life insurer has a solid track rec ...
Manulife Names Steve Finch Asia President and CEO
Prnewswire· 2025-03-18 00:30
Core Viewpoint - Manulife has appointed Steve Finch as President and CEO of Manulife Asia, effective May 9th, succeeding Phil Witherington, who will take on the role of Manulife's President and CEO on the same date [1][2]. Group 1: Leadership Transition - Steve Finch has been a significant contributor to Manulife's transformation and financial performance, playing a key role in historic transactions and the transition to IFRS 17 and IFRS 9 accounting standards [2][3]. - Finch has a 32-year tenure with Manulife, having previously served as Chief Financial Officer of John Hancock and General Manager of the US Life Insurance business, where he led the company to become a market leader in life insurance sales [2][3]. Group 2: Strategic Goals - Manulife aims for bold ambitions in Asia, with Finch's deep understanding of the business and passion for leadership expected to accelerate growth in this critical region [3]. - The company aspires for Asia to contribute more than 50 percent of its core earnings, a goal that is reportedly on track to be achieved [3]. Group 3: Company Overview - Manulife Financial Corporation is a leading international financial services provider, operating under the Manulife brand in Canada, Asia, and Europe, and as John Hancock in the United States [4]. - As of the end of 2024, Manulife had over 37,000 employees and served more than 36 million customers globally [4].