MFC Outperforms Industry, Trades Near 52-Week High: Time to Buy?

Key Takeaways MFC is scaling up across Asia, where strong new business growth is a major contributor to earnings. Manulife Financial is expanding Wealth and Asset Management, targeting Europe and the wider EMEA market. MFC's strong capital, more than 100% free cash flow conversion and 10% 7-year dividend CAGR support payouts. Manulife Financial Corporation (MFC) closed at $33.76 on Tuesday, near its 52-week high of $38.72. This proximity underscores investor confidence. It has the ingredients for further pr ...