C$ unless otherwise
stated
TSX/NYSE/PSE: MFC SEHK: 945
TORONTO, Feb. 14,
2024 /PRNewswire/ - Manulife's Board of
Directors today announced an increase of 9.6% or 3.5 cents per share to its quarterly common
shareholders' dividend resulting in a dividend of $0.40 per share on the common shares of Manulife,
payable on and after March 19, 2024,
to shareholders of record at the close of business on February 28, 2024.
In respect of the Company's Canadian Dividend Reinvestment and
Share Purchase Plan and its U.S. Dividend Reinvestment and Share
Purchase Plan, the Company will purchase common shares on the open
market in connection with the reinvestment of dividends and
optional cash purchases under these plans. The purchase price of
these common shares will be based on the average of the actual cost
to purchase them and there are no applicable discounts.
About Manulife
Manulife Financial Corporation is a leading international
financial services provider, helping people make their decisions
easier and lives better. With our global headquarters in
Toronto, Canada, we provide
financial advice and insurance, operating as Manulife across
Canada, Asia, and Europe, and primarily as John Hancock in the
United States. Through Manulife Investment Management, the
global brand for our Global Wealth and Asset Management segment, we
serve individuals, institutions, and retirement plan members
worldwide. At the end of 2023, we had more than 38,000 employees,
over 98,000 agents, and thousands of distribution partners, serving
over 35 million customers. We trade as 'MFC' on the Toronto, New
York, and the Philippine stock exchanges, and under '945' in
Hong Kong.
Not all offerings are available in all jurisdictions. For
additional information, please visit manulife.com.
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SOURCE Manulife Financial Corporation