Manulife Announces Preferred Share Dividend Payments for 11 Series

Manulife Financial Corporation has declared quarterly dividend payments for 11 series of non-cumulative preferred shares, ranging from $0.14675 to $0.396875 per share. The dividends will be payable on or after September 19, 2025, to shareholders recorded by August 20, 2025. The corporation has a global presence with over 37,000 employees and 36 million customers worldwide.

Manulife Financial Corporation (TSX: MFC) has announced the declaration of quarterly dividends on 11 series of non-cumulative preferred shares. The dividends, payable on or after September 19, 2025, will be distributed to shareholders of record as of August 20, 2025 [1].

The dividend rates vary across different share classes, ranging from $0.14675 to $0.396875 per share. Class A Series 2 shares will receive $0.29063 per share, while Class A Series 3 shares will receive $0.28125 per share. Various Class 1 shares will receive dividends ranging from $0.14675 to $0.396875 per share, depending on the series [1].

Manulife, with its global headquarters in Toronto, serves over 36 million customers across Canada, Asia, Europe, and the United States, where it operates primarily as John Hancock. The company provides a range of financial services, including insurance, investment services, and retirement planning through its Manulife Wealth & Asset Management division [2].

The financial services firm employs more than 37,000 people worldwide and works with over 109,000 agents and thousands of distribution partners. Manulife trades under the ticker "MFC" on the Toronto, New York, and Philippine stock exchanges, and as "945" in Hong Kong [2].

Manulife's strong dividend track record is supported by its consistent profitability, with positive earnings over the last twelve months and healthy liquid assets exceeding short-term obligations [1]. The company's consistent dividend payments and increases over the past 11 years reflect its financial stability and commitment to shareholder value [1].

In addition to its dividend announcement, Manulife has also made significant moves in the private credit market. The company has signed an agreement to acquire 75% of Comvest Credit Partners, a rapidly growing middle market private credit manager, for US$937.5 million in upfront consideration [3]. This acquisition is expected to be immediately accretive to core EPS, core ROE, and core EBITDA margin, further enhancing Manulife's private markets platform.

References:

[1] https://za.investing.com/news/company-news/manulife-declares-quarterly-preferred-share-dividends-93CH-3824112
[2] https://finance.yahoo.com/news/manulife-declares-common-share-dividend-210200764.html
[3] https://www.marketsmedia.com/manulife-to-acquire-comvest-credit-partners/