|Bid||23.90 x 0|
|Ask||23.91 x 0|
|Day's Range||23.78 - 24.01|
|52 Week Range||18.33 - 25.18|
|Beta (3Y Monthly)||1.54|
|PE Ratio (TTM)||8.74|
|Earnings Date||Aug 7, 2019|
|Forward Dividend & Yield||1.00 (4.18%)|
|1y Target Est||29.35|
TORONTO — Manulife Financial Corp. has signed a deal to create a retail investment joint venture in India.The Canadian company says it has formed a joint venture with Mahindra and Mahindra Financial Services Ltd.The companies say the joint venture brings together Mahindra's domestic market strength with Manulife's global wealth and asset management capabilities.Mahindra Finance, which is part of the Mahindra Group conglomerate, has more than five million customers and over 1,300 offices across India.It is a vehicle and tractor financier and also offers fixed deposits and loans to small and medium-sized businesses. Companies in this story: (TSX:MFC)The Canadian Press
This group of dividend-growth streakers, including Suncor Energy Inc. (TSX:SU)(NYSE:SU), can help build your wealth the prudent way.
(Bloomberg) -- Canada’s Shopify Inc., an e-commerce company that went public four years ago, is now more valuable than Manulife Financial Corp. and Canadian Imperial Bank of Commerce -- two financial institutions that have been around for more than a century.Shopify eclipsed the financial heavyweights in market value on Wednesday after announcing plans to spend $1 billion setting up a network of fulfillment centers in the U.S. and upgrades to its tools merchants use to sell products.Shopify traded at C$438.24 a share at 1 p.m. in Toronto on Thursday, giving it a market value of C$48.8 billion ($36.9 billion) and making the 12th biggest publicly traded company in Canada. Manulife was at C$46.7 billion and CIBC at C$46.4 billion.The Ottawa-based company has surged 132% this year, the top-performer on the S&P/TSX and a bigger advance than any stock on the S&P 500.To contact the reporter on this story: Simran Jagdev in Toronto at firstname.lastname@example.orgTo contact the editors responsible for this story: Jacqueline Thorpe at email@example.com, ;Jillian Ward at firstname.lastname@example.org, David ScanlanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Discover why Manulife Financial Corporation (TSX:MFC)(NYSE:MFC), Fairfax Financial Holdings Ltd (TSX:FFH), and Canadian Pacific Railway Ltd (TSX:CP)(NYSE:CP) are your best bets for long-term riches.
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , June 20, 2019 /CNW/ - Manulife Investment Management today announced the June 2019 cash distributions for Manulife Exchange Traded Funds ...
TSX/NYSE/PSE: MFC SEHK: 945 C$ unless otherwise stated TORONTO , June 19, 2019 /CNW/ - Manulife Investment Management today announced distributions for Manulife U.S. Regional Bank Trust and Manulife ...
Manulife Financial Corporation (TSX:MFC)(NYSE:MFC) vs. this banking giant: which should you buy for your TFSA?
Want to add under-priced stocks to your portfolio? Now is the time to purchase value stocks like Manulife Financial (TSX:MFC)(NYSE:MFC) and Chemtrade Logistics Income Fund (TSX:CHE.UN).
Here's how investing in Manulife Financial Corp. (TSX:MFC) (NYSE:MFC) and Northwest Healthcare Properties REIT (TSX:NWH.UN) will generate generous low-risk passive income for your TFSA.
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , June 12, 2019 /CNW/ - Roy Gori , President and Chief Executive Officer of Manulife, will speak at the True North Conference on Wednesday ...
Toronto-Dominion Bank (TSX:TD)(NYSE:TD) has enjoyed its dominant position in the banking industry for many years, but will it be able to stay there as millennials gain more of an influence?
TORONTO, June 10, 2019 /CNW/ - Today, Manulife Bank announced the launch of its innovative new digital All-In Banking Package, a multi-product banking package that helps Canadians develop better financial habits and improve their financial wellbeing.
Here’s how Manulife Financial Corporation (TSX:MFC)(NYSE:MFC) and these other stocks can help you generate $30,000 of passive income a year.
Here’s why Manulife Financial Corporation (TSX:MFC)(NYSE:MFC) stock can deliver incredible market-beating returns while offering a +4% yield.
Every investor should consider purchasing Manulife Financial Corporation (TSX:MFC)(NYSE:MFC). Shares are cheap, the dividend is strong, and the diversification benefits are rising in value.
TORONTO, June 5, 2019 /CNW/ - Manulife Financial Corporation ("Manulife") today announced that after having taken into account all election notices received by the June 4, 2019 deadline for conversion of its currently outstanding 8,000,000 Non-cumulative Rate Reset Class 1 Shares Series 15 (the "Series 15 Preferred Shares") (TSX:MFC-PL.TO - News) into Non-cumulative Floating Rate Class 1 Shares Series 16 of Manulife (the "Series 16 Preferred Shares"), the holders of Series 15 Preferred Shares are not entitled to convert their Series 15 Preferred Shares into Series 16 Preferred Shares. There were 148,979 Series 15 Preferred Shares elected for conversion, which is less than the minimum one million shares required to give effect to conversions into Series 16 Preferred Shares.
Manulife Financial Corp. (TSX:MFC)(NYSEMFC) continues to realize strong growth and income-earning potential from its Asia business, but could a prolonged trade war change that view?
Manulife Investment Management, which oversees $837 billion, is on the cusp of turning overweight on European stocks after buying the dip in May, according to its global head of asset allocation, Nathan Thooft. European equities slumped last month as messy politics in the U.K. and Italy combined with the fallout from the U.S.-China trade spat. Muted profit growth also didn’t help and JPMorgan Chase & Co. on Monday said that European stocks are unlikely to beat the U.S. unless the pace of their earnings gains overtakes that of American companies.
Passive investors looking to put their portfolio on autopilot should consider dividend-paying greats such as Telus (TSX:T)(NYSE:TU) and these two others.
Canada and homegrown companies Canada Goose Holdings Inc. (TSX:GOOS)(NYSE:GOOS) and Manulife Financial Corporation (TSX:MFC)(NYSE:MFC) are facing serious challenges brought about by the U.S.-China trade war. Can they tough it out?
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. We'll look at Manulife...