Manulife Financial's Dividend Alert: Last Chance to Cash In Before Ex-Dividend Date

Manulife Financial (TSE:MFC) is set to pay a CA$0.44 per share dividend on September 19. The company's trailing yield is 4.2% based on the current share price of CA$42. The dividend payout ratio is 54% of earnings, which is relatively high. However, Manulife Financial has shown steady growth in earnings per share, up 2.9% on average over the last five years. Investors can purchase shares before August 20 to receive the dividend.

Manulife Financial (TSE:MFC) is set to pay a CA$0.44 per share dividend on September 19, 2025. This dividend, part of the company's steady dividend growth, comes with a trailing yield of 4.2% based on the current share price of CA$42.00. Investors can purchase shares before August 20, 2025, to receive the dividend [1].

The dividend payout ratio, which is the percentage of earnings paid out as dividends, stands at 54% for Manulife Financial. While this ratio is relatively high, it reflects the company's commitment to sharing earnings with shareholders. However, it is essential to monitor the sustainability of these payouts, as a high payout ratio can indicate a higher risk of dividend cuts if earnings decline [1].

Over the past five years, Manulife Financial has demonstrated steady growth in earnings per share, averaging a 2.9% increase annually. This growth is a positive indicator for the company's ability to sustain and potentially increase its dividend payments in the future. Additionally, Manulife Financial has increased its dividend at an average rate of approximately 11% per year over the past decade, further demonstrating its commitment to dividend growth [1].

Recent institutional investment activity also provides insight into Manulife Financial's attractiveness. Connor Clark & Lunn Investment Management Ltd. increased its stake in Manulife Financial by 1.0%, acquiring an additional 112,761 shares. This move underscores the confidence that institutional investors have in the company's financial performance and dividend prospects [2].

Manulife Financial's dividend yield is currently at 5.86%, and its annual dividend stands at CA$1.11 per share. The company pays dividends quarterly, with the most recent payment of CA$0.2760 per share made on September 19, 2023 [3].

In conclusion, Manulife Financial's upcoming dividend offers investors a compelling yield, supported by a history of steady earnings growth and dividend increases. However, the high payout ratio requires careful consideration of the company's future earnings prospects. Investors should monitor Manulife Financial's earnings and dividend trends to ensure the sustainability of its payouts.

References:
[1] https://ca.finance.yahoo.com/news/only-three-days-left-cash-143223565.html
[2] https://www.marketbeat.com/instant-alerts/filing-connor-clark-lunn-investment-management-ltd-purchases-112761-shares-of-manulife-financial-corp-nysemfc-2025-08-09/
[3] https://www.marketbeat.com/stocks/NYSE/MFC/dividend/