Manulife reports 2016 net income of $2.9 billion and core earnings of $4.0 billion (up 34% and 17%, respectively, compared with 2015), strong top line growth and a dividend increase of 11%

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Go back to Manulife reports 2016 net income of $2.9 billion and core earnings of $4.0 billion (up 34% and 17%, respectively, compared with 2015), strong top line growth and a dividend increase of 11%

Manulife Financial (MFC) Raises Quarterly Dividend 10.8% to $0.205; 4.4% Yield

February 9, 2017 6:22 AM EST

Manulife Financial (NYSE: MFC) declared a quarterly dividend of $0.205 per share, or $0.82 annualized. This is a 10.8% increase from the prior dividend of $0.185.

The dividend will be payable on March 20, 2017, to stockholders of record on February 22, 2017, with an ex-dividend date of February 17,... More

Manulife Financial (MFC) Posts Q4 EPS of $0.01

February 9, 2017 6:06 AM EST

Manulife Financial (NYSE: MFC) reported Q4 EPS of $0.01, which does not compare to the analyst estimate of $0.39.

In the fourth quarter of 2016 ("4Q16") net income attributed to shareholders was $63 million, fully diluted earnings per common share was $0.01 and return on common shareholders' equity was 0.3%, compared with $246 million, $0.11 and 2.3%, respectively for... More