On 2/23/15, Manulife Financial Corp. (Toronto: MFC) will trade ex-dividend, for its quarterly dividend of $0.155, payable on 3/19/15. As a percentage of MFC's recent stock price of $22.00, this dividend works out to approximately 0.70%, so look for shares of Manulife Financial Corp. to trade 0.70% lower — all else being equal — when MFC shares open for trading on 2/23/15.
Below is a dividend history chart for MFC, showing historical dividends prior to the most recent $0.155 declared by Manulife Financial Corp.:
In general, dividend paying stocks are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MFC is likely to continue, and whether the current estimated yield of 2.82% on annualized basis is a reasonable expectation of annual yield going forward.
The chart below shows the one year performance of MFC shares, versus its 200 day moving average:
Looking at the chart above, MFC's low point in its 52 week range is $18.91 per share, with $23.09 as the 52 week high point — that compares with a last trade of $22.00.
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According to the ETF Finder at ETFChannel.com, MFC makes up 1.23% of the SPDR S&P International Financial Sector ETF (AMEX: IPF) which is trading relatively unchanged on the day Thursday.
In Thursday trading, Manulife Financial Corp. shares are currently off about 0.4% on the day.
