|Bid||18.32 x 0|
|Ask||18.33 x 0|
|Day's Range||17.94 - 18.36|
|52 Week Range||12.58 - 27.78|
|Beta (5Y Monthly)||1.18|
|PE Ratio (TTM)||7.88|
|Earnings Date||Aug. 05, 2020|
|Forward Dividend & Yield||1.12 (6.25%)|
|Ex-Dividend Date||May 15, 2020|
|1y Target Est||22.89|
Bank of Nova Scotia and Canadian Imperial Bank of Commerce said they plan to fill at least 3.5% of their top roles with Black employees as part of an initiative that aims to fight racism and improve the representation of Black people in boardrooms. The initiative, labeled "BlackNorth," was launched by Wes Hall, a prominent Canadian businessman and the chairman of proxy advisory firm Kingsdale Advisors. It urged executives to fill at least 3.5% of senior executive and board positions in Canada with Black leaders by 2025.
My top three value picks are Manulife Financial Corp. (TSX:MFC)(NYSE:MFC), Brookfield Asset Management (TSX:BAM.A)(NYSE:BAM), and CCL Industrial Inc. (TSX:CCL.B).The post Buy Alert: 3 TSX Picks That Are Too Cheap to Ignore appeared first on The Motley Fool Canada.
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Top Analyst Reports for Novartis, Equinix & Newmont
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange:Toronto Stock Exchange (15,622.40, up 107.18 points.)Bombardier Inc. (TSX:BBD.B). Industrials. Up 1.5 cents, or 3.57 per cent, to 43.5 cents on 7.9 million shares.Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up 51 cents, or 2.17 per cent, to $24.06 on 6.7 million shares.Manulife Financial Corp. (TSX:MFC). Financials. Down six cents, or 0.32 per cent, to $18.41 on 6 million shares.Baytex Energy Corp. (TSX:BTE). Energy. Unchanged at 69 cents on 5.9 million shares.Kinross Gold Corp. (TSX:K). Materials. Down five cents, or 0.51 per cent, to $9.75 on 5.6 million shares.Suncor Energy Inc. (TSX:SU). Energy. Down 15 cents, or 0.66 per cent, to $22.74 on 5.3 million shares.Companies in the news:The Bank of Nova Scotia. (TSX:BNS). Up 28 cents to $56.46. Sagicor Financial Co. Ltd. says it will not go ahead with its acquisition of ScotiaLife Trinidad and Tobago Ltd. The company made the decision after it and Scotiabank Trinidad and Tobago Ltd. agreed not to proceed with a 20-year distribution agreement for insurance products in Trinidad and Tobago. Sagicor provides financial services in the Caribbean as well as life insurance in the United States. The announcement follows a decision last year by Sagicor to call off its deal to buy Scotia Jamaica Life Insurance Co. Ltd. following a similar decision regarding a distribution agreement. Financial terms of the sale were not disclosed at the time, but Scotiabank said that the transactions were not financially material.This report by The Canadian Press was first published July 2, 2020.The Canadian Press
TFSA investors need to avoid overcontributions and target attractive value stocks like Manulife Financial Corp. (TSX:MFC)(NYSE:MFC) in July.The post WARNING: 1 Major TFSA Mistake to Avoid in 2020 appeared first on The Motley Fool Canada.
AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "aa-" of the life/health insurance subsidiaries of Manulife Financial Corporation (Toronto, Canada) [NYSE: MFC]. Concurrently, AM Best has affirmed the Long-Term ICR of "a-" and the Long-Term Issue Credit Ratings (Long-Term IR) of MFC. The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of the companies and ratings.)
These two TSX financial stocks are perfect options for a dividend investing plan. Find out which big yields you can score today.The post Dividend Investing: 2 Financial Stocks to Watch appeared first on The Motley Fool Canada.
This group of dividend-growth streakers, including Canadian Tire (TSX:CTC.A), can help give your portfolio a much-needed raise.The post Plunk $3,300 Into Each of These 3 Stocks and You Could Watch Your Wealth Grow Forever appeared first on The Motley Fool Canada.
Manulife Investment Management Confirms the Final June Cash Distribution for Manulife Multifactor Emerging Markets Index ETF
Sit back and collect big passive income from these A-grade dividend stocks that are trading at massive bargains. The post These 2 Value Stocks Are Absurdly Cheap Right Now appeared first on The Motley Fool Canada.
Canadians should look to scoop up discounted dividend stocks like Manulife Financial Corp. (TSX:MFC)(NYSE:MFC) before we move into July.The post BUY ALERT: Invest $3,000 in These Super Dividend Stocks appeared first on The Motley Fool Canada.
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , June 26, 2020 /CNW/ - Manulife Investment Management today announced a revision to the June 2020 cash distribution for Manulife Multifactor ...
(Bloomberg) -- Manulife Financial Corp. is emerging as the leading bidder for Aviva Plc’s Vietnamese unit as it eyes further expansion in southeast Asia, according to people familiar with the matter.The Canadian insurer is weighing a deal that would include a so-called bancassurance agreement with Aviva’s local partner Vietnam Joint Stock Commercial Bank for Industry & Trade, or VietinBank as it is known, to sell insurance products through the state-owned lender’s branches, the people said. A deal could be valued at several hundred million dollars, the people said, asking not to be identified because the deliberations are private.Negotiations are still ongoing and could still fall apart, the people said. Other bidders could also emerge, they said. Representatives for Aviva, Manulife and VietinBank declined to comment.Manulife operates in 11 markets in Asia including Vietnam, Japan and Hong Kong. Asia represented roughly a third of the company’s core earnings from operating segments last year, and 2019 saw the number of Manulife agents in the region increase by 20% to more than 95,000, according to the insurer’s latest annual report.Bancassurance deals have become a popular way for insurers to expand in Southeast Asia. Last year, FWD Group Ltd., the acquisitive insurer backed by Hong Kong billionaire Richard Li, signed a partnership with Vietnam’s largest lender, Bank for Foreign Trade of Vietnam JSC, known as Vietcombank.Aviva is exploring options for its businesses in Asia including Vietnam, Hong Kong and Indonesia, following a strategic review. In March, it agreed to exit Indonesia by selling its stake in its joint venture to its partner PT Astra International Tbk for an undisclosed amount.Shares of Aviva rose as much as 2% in early Friday trading in London, giving the insurer a market value of about $13.2 billion.(Updates to add Aviva’s shares in the last paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
The CRA is preparing to impose penalties on CERB claimants who are abusing the program. If you want CERB-like income, invest in high-dividend payers like the Manulife stock. You might not depend on government aid anymore in times of crisis.The post $5,000 CRA CERB Penalty: Here’s How to Avoid it appeared first on The Motley Fool Canada.
TORONTO, June 25, 2020 /CNW/ - Manulife and John Hancock are investing more than $3.5 million over the next two years to promote diversity, equity and inclusion in the workplace and the communities we serve. The goals of these focused investments are three-fold: to increase the representation of diverse talent at all levels in the organization; create greater inclusion across the company through enhanced training; and to support organizations helping Black, Indigenous and People of Colour (BIPOC) communities. "We recognize that driving change means taking action, which is why we are making these important investments in building greater diversity on our team, and a deeper awareness of the role we can all play in being an ally and supporter of inclusion," said Manulife President and CEO Roy Gori.
We asked 15 of our Foolish writers for their top large-cap stock picks - their picks include Shopify (TSX:SHOP)(NYSE:SHOP), Canadian Pacific Railway Ltd. (TSX:CP)(NYSE:CP), and Dollarama (TSX:DOL). Click here to see the rest!The post 15 Top TSX Large Caps to Buy in July appeared first on The Motley Fool Canada.
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , June 22, 2020 /CNW/ - Manulife Investment Management today announced the June 2020 cash distributions ...
If you have $2,000 to invest, you may consider Manulife Financial Corp (TSX:MFC)(NYSE:MFC) as a number one top stock to buy in 2020.The post 1 Top Stock to Buy With $2,000 appeared first on The Motley Fool Canada.
BCE Inc. (TSX:BCE)(NYSE:BCE) and Manulife Financial Corp. (TSX:MFC)(NYSE:MFC) are two top 6% dividend stocks to buy right now.The post Better 6% Dividend -- BCE (TSX:BCE) or Manulife (TSX:MFC)? appeared first on The Motley Fool Canada.
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CRA’s CERB is extended this time. Here’s how to get your own $2,000 per month forever!The post CRA’s CERB of $2,000/Month Extended: How You Can Get $2,000/Month Forever appeared first on The Motley Fool Canada.
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , June 18, 2020 /CNW/ - Manulife Investment Management today announced distributions for Manulife U.S. Regional Bank Trust and Manulife ...
Canadian retirees still have time to scoop up attractive dividend stocks like Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) at the midway point in June.The post Retirees: 3 Discounted Dividend Stocks Yielding up to 6.1% appeared first on The Motley Fool Canada.