|Bid||23.82 x 0|
|Ask||23.83 x 0|
|Day's Range||23.67 - 24.06|
|52 Week Range||18.33 - 25.18|
|Beta (3Y Monthly)||1.54|
|PE Ratio (TTM)||8.70|
|Earnings Date||Aug 7, 2019|
|Forward Dividend & Yield||1.00 (4.20%)|
|1y Target Est||29.35|
Retirees can make their money last longer before and after retirement with safe dividend stocks like Fortis Inc. (TSX:FTS)(NYSE:FTS) and Manulife Financial Corporation (TSX:MFC)(NYSE:MFC).
Room for expansion in the credit cycle and notable investment potential in private infrastructure and select emerging markets amid market muddle Explores climate change as a key factor in portfolio management ...
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$46.4 billion.The Ottawa-based company has surged 132% this year, the top-performer on the S&P/TSX and a bigger advance than any stock on the S&P 500.To contact the reporter on this story: Simran Jagdev in Toronto at email@example.comTo contact the editors responsible for this story: Jacqueline Thorpe at firstname.lastname@example.org, ;Jillian Ward at email@example.com, David ScanlanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Discover why Manulife Financial Corporation (TSX:MFC)(NYSE:MFC), Fairfax Financial Holdings Ltd (TSX:FFH), and Canadian Pacific Railway Ltd (TSX:CP)(NYSE:CP) are your best bets for long-term riches.
C$ 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).
Some of the most active companies traded Friday on the Toronto Stock Exchange:Toronto Stock Exchange (16,301.91, up 62.65 points).Encana Corp. (TSX:ECA). Energy. Down 33 cents, or 5.02 per cent, to $6.25 on 7.5 million shares.Manulife Financial Corp. (TSX:MFC). Financials. Up 20 cents, or 0.87 per cent to $23.32 on 5.5 million shares.Stornoway Diamond Corp. (TSX:SWY). Materials. Unchanged at two cents on 5.4 million shares.Yorbeau Resources Inc. (TSX:YRB). Materials. Down 1.5 cents, or 37.5 per cent, to 2.5 cents on 4.9 million shares.Barrick Gold Corp. (TSX:ABX). Materials. Up 16 cents, or 0.86 per cent, to $18.66 on 4.7 million shares.Bombardier Inc. (TSX:BBD.B). Industrials. Unchanged at $2.18 on 4 million shares.Companies in the news:TRANSAT AT Inc. (TSX:TRZ). Up five cents to $13.44. A Quebec developer who promised a takeover proposal for Transat AT Inc. has made good on his word, outbidding Air Canada in the process. Vincent Chiara of Group Mach Inc. filed a formal offer Thursday for $14 per share or $527.6 million. Transat began exclusive talks with Air Canada, set to end on June 26, after the country's largest airline made a bid of $13 per share or about $520 million last month. Chiara's rival bid includes trying to convince the Quebec government to finance nearly one-quarter of the purchase. He says he submitted a business plan to Investissement Quebec earlier this month.SNC-Lavalin Group Inc. (TSX:SNC). Down 46 cents or 1.77 per cent to $25.52. Neil Bruce, who stepped down abruptly as head of SNC-Lavalin Group Inc. on Tuesday, says the process to replace him was in the works for at least six months. Bruce says in a LinkedIn post that the process started last year and notes that his interim replacement, Ian Edwards, was appointed operations chief in January, allowing a five-month handover period to groom the industry veteran. Bruce says his family moved backed to the United Kingdom after the winter holidays and that he was eager to join them.Canfor Pulp Products. (TSX:CFX). Down one cent to $11.40. Canfor Pulp Products is temporarily shutting down one of its northern British Columbia pulp mills — just days after parent company Canfor Inc. announced breaks at all but one of its B.C. sawmills and the permanent closure of another. Canfor Pulp says the Taylor mill won't operate from June 29 to Aug. 5, reducing pulp production by about 25,000 tonnes. The Vancouver-based company says reasons include weaker market conditions and a short-term lack of wood supply due to slowdowns at its sawmills elsewhere in the province.The Canadian Press
Here's how investing in Manulife Financial Corp. (TSX:MFC) (NYSE:MFC) and Northwest Healthcare Properties REIT (TSX:NWH.UN) will generate generous low-risk passive income for your TFSA.
C$ 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.