Manulife Announces New Dividends for Preferred Shares
Manulife Announces New Dividends for Preferred Shares
Manulife Financial Corporation, recognized as a leading international financial services provider, is committed to enhancing the lives of its customers. This commitment extends to their financial arrangements, including the announcement of upcoming dividends on preferred shares. With shares primarily traded under the ticker 'MFC' on multiple stock exchanges, the company aims to maintain transparency and support for its shareholder community.
Details of the Dividend Declaration
On a recent occasion, Manulife's Board of Directors declared quarterly dividends for various non-cumulative preferred shares. These dividends are set to be payable on or after specific record dates, ensuring that shareholders are informed in a timely manner. Manulife continues to prioritize its shareholders' interests by providing lucrative dividend options.
Class A Shares Series
Specifically, holders of the Class A Shares Series 2 will receive $0.29063 per share, while Series 3 shareholders will benefit from $0.28125 per share. This tier reflects the company's ongoing financial health, showcasing its dedication to rewarding investors.
Class 1 Shares Series
In addition to the Class A offerings, Manulife has announced dividends for several Class 1 Shares. Series 3 will earn $0.14675 per share, while Series 4 shareholders stand to gain $0.267493 per share. Other notable dividends include Series 9 at $0.373625, Series 11 at $0.384938, Series 13 at $0.396875, Series 15 at $0.360938, Series 17 at $0.346375, Series 19 at $0.323063, and Series 25 at $0.371375.
About Manulife Financial Corporation
Headquartered globally in Toronto, Canada, Manulife is well-known for its diverse offerings, which include life insurance and wealth management services. The financial ingenuity of the company has positioned it strongly in various markets, including Asia and Europe, alongside its renowned operations in the United States under the name John Hancock.
Global Operations and Team
With a dedicated workforce of over 37,000 employees and a vast network of more than 109,000 agents, Manulife serves an impressive customer base of more than 36 million individuals and businesses worldwide. Their commitment to innovation and customer service has solidified their position as an industry leader.
Investment Services and Retirement Plans
Manulife also provides comprehensive services through Manulife Wealth & Asset Management, designed to assist both individuals and institutions in optimizing their financial strategies. By offering retirement plans and global investment opportunities, Manulife helps clients navigate the complexities of today’s financial landscape.
Frequently Asked Questions
What are the recent dividend announcements made by Manulife?
Manulife has declared quarterly dividends on preferred shares, including amounts for Class A and Class 1 shares.
Who is eligible to receive the dividends?
Shareholders of record at the specified dates will be eligible to receive the declared dividends.
What distinguishes Manulife in the financial sector?
Manulife is recognized for its extensive range of financial services and strong global presence across different markets.
How does Manulife ensure transparency for its shareholders?
Manulife reports timely updates regarding their financial performance, including dividend announcements, to keep shareholders informed.
What is the significance of preferred shares for investors?
Preferred shares often provide higher dividend yields, making them an attractive investment choice for individuals seeking stable returns.
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