MFC Hits 52-Week High: Time to Add the Stock for Better Returns?

Key Takeaways Manulife Financial expects Asia to deliver half of core earnings by 2025 as operations post solid results. MFC is expanding Wealth and Asset Management, investing long term in Europe and the broader EMEA region. Strong capital supports higher dividends, and a 35-45% payout, backed by over 100% cash flow conversion. Manulife Financial Corporation (MFC) hit a 52-week high of $37.46 on Jan 6. Shares closed at $37.40 after gaining 22% in the past year, outperforming the industry, the sector and th ...