Manulife Financial Corp (NYSE:MFC) is set to announce third quarter earning results on Wednesday 11th November 2020, after market close.
Previous Quarter Performance
Manulife Financial Corp announced income for the second quarter of $ 0.56 per share, from the revenue of $ 19,826.00 million.
Stock Performance
Shares of Manulife Financial Corp traded up $ 0.82 or 5.11 percent on Tuesday, reaching $ 16.86 with volume of 4.78 million shares. Manulife Financial Corp has traded high as $ 16.87 and has cracked $ 16.07 on the downward trend
The closing price of $ 16.86, representing a 86.08 % increase from the 52 week low of $ 8.62 and a 24.45 % decrease over the 52 week high of $ 21.23.
The company has a market capital of $ 32.70 billion and is part of the Financial Services sector and Insurance – Life industry.
Recent Stock Dividend Announcement
On August 5, 2020, the board of directors authorized quarterly dividend of $ 0.28 per share to holders of record as of the close of business on August 17, 2020, with payment date of September 21, 2020 and ex-dividend date on August 14, 2020.
Manulife Financial Corporation, together with its subsidiaries, provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions in Asia, Canada, and the United States. The company offers individual life, and individual and group long-term care insurance; and guaranteed and partially guaranteed annuity products through insurance agents, brokers, banks, financial planners, and direct marketing. It also provides mutual funds and exchange-traded funds, group retirement and savings products, and institutional asset management services through insurance agents and brokers affiliated with the company, securities brokerage firms, financial advisors, pension plan consultants, and banks; and banking products, such as deposit and credit products to Canadian customers.
