Manulife Financial (MFC) Misses Q4 EPS by 4c

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Go back to Manulife Financial (MFC) Misses Q4 EPS by 4c

Manulife reports 2015 core earnings of $3.4 billion, net income of $2.2 billion (up 19% and down 37%, respectively, compared with 2014), strong top line growth and a dividend increase of 9%

February 11, 2016 6:02 AM EST

C$ unless otherwise statedTSX/NYSE/PSE: MFCSEHK: 945

Strategic and operating highlights in 2015:

Asia Delivered a 28% increase in insurance sales and a 56% increase in wealth and asset management gross flows; entered into a flagship 15-year bancassurance partnership with DBS Bank Ltd. ("DBS"), providing exclusive distribution rights in Singapore, Hong Kong, Indonesia and mainland China; announced an agreement to acquire Standard Chartered Bank's existing pension business in Hong Kong and to become its exclusive Mandatory Provident Fund ("MPF") distribution partner for a... More

Manulife Financial Corporation increases dividend

February 11, 2016 6:02 AM EST

C$ unless otherwise stated

TSX/NYSE/PSE: MFCSEHK: 945

TORONTO, Feb. 11, 2016 /PRNewswire/ - Manulife Financial Corporation's Board of Directors today announced an increase of 9% or 1.5 cents per share to its quarterly shareholders' dividend resulting in a dividend of 18.5 cents per share on the common shares of Manulife Financial Corporation (the "Company"), payable on and after March 21, 2016 to shareholders of record at the close of business on February 24, 2016.

The Board also declared dividends on the following non-cumulative preferred shares, payable on or after March 19, 2016 to shareholders of... More