Trailing Dividend / Share
$1.93
Manulife Financial Corporation (MFC) Dividend History
Income profile from 2000 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
3.4%
Payout Ratio
57.1%
Sustainable
Dividend Streak
12 years
MFC Dividend Income Check
Safety
57.1% payout ratio with sustainable safety profile.
Consistency
12 straight years of dividend increases.
Income Trend
Yield on cost is 7.1% and trend is rising.
MFC Dividend Scorecard
Yield & Income
Dividend Yield3.4%
Trailing DPS$1.93
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout57.1%
Earnings SafetySustainable
FCF Payout11.2%
FCF SafetyWell Covered
Piotroski F-Score7/9
Growth
Growth Streak12 years
3Y CAGR7.3%
5Y CAGR8.4%
Yield on Cost (5Y)7.1%
YOC Trendrising
Total Returns
Buyback Yield2.5%
Total Shareholder Yield5.9%
1Y Total Return32.6%
5Y Total Return137.2%
Div Contribution (5Y)29.5%
Estimated $10K growth (return + dividends):
5Y ago$23,71510Y ago$33,70420Y ago$18,120
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
MFC Income Growth Story
Dividend per share and yield on cost over time (27 years of payments)
MFC Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Manulife Financial Corporation distributes 57.1% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 11.2%, rated "Well Covered".
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
MFC has raised its dividend for 12 consecutive years, with a 3-year CAGR of 7.3% and 5-year CAGR of 8.4%.
Total Shareholder Returns
Beyond cash dividends, MFC returns capital through share repurchases. The combined picture: 3.4% dividend yield, 2.5% buyback yield, 5.9% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 7.1% and is currently rising. The 5-year total return is 137.2%, with dividends contributing 29.5% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $33,704 today.
MFC Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$5.70
Avg/Payment$0.2850
Latest Change-0.8%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 29, 2026Latest | $0.3518 | ↓ -0.8% | 3.50% | Jun 19, 2026 |
| Feb 25, 2026 | $0.3545 | ↑ +13.3% | 3.68% | Mar 19, 2026 |
| Nov 26, 2025 | $0.3130 | ↓ -1.3% | 3.61% | Dec 19, 2025 |
| Aug 20, 2025 | $0.3171 | ↓ -0.4% | 4.08% | Sep 19, 2025 |
| May 21, 2025 | $0.3183 | ↑ +4.1% | 3.91% | Jun 19, 2025 |
| Mar 5, 2025 | $0.3057 | ↑ +7.0% | 3.93% | Mar 19, 2025 |
| Nov 20, 2024 | $0.2856 | ↓ -3.0% | 3.63% | Dec 19, 2024 |
| Aug 21, 2024 | $0.2945 | ↑ +0.5% | 4.41% | Sep 19, 2024 |
MFC Dividend vs Peers
Comparable companies in the same industry
#3 yield in peer group
Div Yield
3.4%
#3 of 9
Safety
Sustainable
57.1% payout
Streak
12Y
8.4% 5Y CAGR
Total Shareholder
5.9%
#8 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
3rd MFCManulife Financial C… | $67.4B | 3.4% | 57.1% | 12 | Sustainable |
 SLFSun Life Financial I… | $43.0B | 3.3% | 55.1% | 4 | Sustainable |
 METMetLife, Inc. | $57.4B | 2.6% | 44.7% | 13 | Sustainable |
1st  PRUPrudential Financial… | $37.7B | 5.1% | 53.9% | 17 | Sustainable |
2nd  LNCLincoln National Cor… | $7.3B | 4.6% | 27.6% | 0 | Sustainable |
 UNMUnum Group | $14.8B | 1.9% | 41.5% | 17 | Sustainable |
 PFGPrincipal Financial … | $24.3B | 2.7% | 57.7% | 17 | Sustainable |
 AFLAflac Incorporated | $60.5B | 1.9% | 32.9% | 42 | Sustainable |
 GLGlobe Life Inc. | $13.6B | 0.6% | 7.4% | 14 | Sustainable |
MFC Annual Dividend History (1998–2026)
29 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.71 | — | 2 | — | — | — | 4.0% |
| 2025 | $1.25 | 7.3% | 4 | $3.07 | 40.9% | 2.45x | 7.1% |
| 2024 | $1.17 | 8.7% | 4 | $2.84 | 41.2% | 2.43x | 6.7% |
| 2023 | $1.08 | 6.1% | 4 | $2.61 | 41.2% | 2.43x | 6.1% |
| 2022 | $1.01 | 8.6% | 4 | $-1.10 | — | — | 5.8% |
| 2021 | $0.93 | 11.6% | 4 | $3.54 | 26.4% | 3.79x | 5.3% |
| 2020 | $0.84 | 11.3% | 4 | $2.93 | 28.6% | 3.50x | 4.8% |
| 2019 | $0.75 | 6.7% | 4 | $2.77 | 27.2% | 3.68x | 4.3% |
| 2018 | $0.70 | 12.1% | 4 | $2.35 | 30.0% | 3.33x | 4.0% |
| 2017 | $0.63 | 12.7% | 4 | $0.98 | 64.2% | 1.56x | 3.6% |
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into MFC consensus models and risk factors.
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Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
26+ years return with dividends reinvested.
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DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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MFC — Frequently Asked Questions
Quick answers to the most common questions about buying MFC stock.
How much dividend does MFC pay per share?
Manulife Financial Corporation (MFC) pays a trailing 12-month dividend of $1.93 per share, with a current dividend yield of +3.4%. Payments are made Semi-Annual.
When is MFC's next ex-dividend date?
MFC's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. MFC typically pays dividends Semi-Annual.
Is MFC's dividend safe?
MFC's dividend safety is rated "Sustainable" based on an earnings payout ratio of +57.1% and FCF payout ratio of +11.2%. With 12 consecutive years of dividend growth, the track record supports sustainability.
Is MFC a Dividend Achiever?
Yes, Manulife Financial Corporation is classified as a Dividend Achiever with 12 consecutive years of dividend increases. The 5-year dividend CAGR is +8.4%, demonstrating above-inflation dividend growth.
How often does MFC pay dividends?
Manulife Financial Corporation pays dividends Semi-Annual. The trailing 12-month total is $1.93 per share. Dividend data on this page covers 26+ years from 2000 to 2026.
How much would $10,000 invested in MFC grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in MFC five years ago would be worth approximately $23,715 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is MFC's yield on cost for long-term holders?
MFC's yield on cost — the current dividend divided by the original purchase price — is +7.1% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +3.4% market yield, thanks to consistent dividend growth.