MFC – Dividend Returns, History & Calculator

Dividend Contender 12 Years

Dividend Data

Div Yield 1.83%
5Y Avg Yield 4.07%
Current Div $0.354
Payouts/Year 2
Annualized $0.708
Previous Div $0.316
Ex-date Feb 25, 2026
Dividend Pay Date Mar 19, 2026

Price Data

Price $38.69
Price Change -0.11
Price Change % -0.28%
Next Earnings Report May 13, 2026
Low (52W) $28.13
High (52W) $39.01

Growth Rates

Chowder Number -2.8
DGR 1Y -43.3%
DGR 3Y -13.3%
DGR 5Y -4.6%
DGR 10Y 2.3%

Total Returns

TTR 1Y - With Specials 40.4%
TTR 3Y - With Specials 32.2%
TTR 1Y - No Specials 40.4%
TTR 3Y - No Specials 32.2%

Fair Value

Fair Value (P/E 10) $20.99
FV (P/E 10) % 84.0%
Fair Value (Peter Lynch) $55.75
FV (Peter Lynch) % -31.0%
Fair Value (Blended) $33.87
FV (Blended) % 14.0%

Financial Metrics

Revenue 1Y 14.4%
NPM 18.7%
CF/Share $19.15
ROE 11.5%
Current R 4.7x
Debt/Capital 23.0%
ROTC 9.5%
P/E 17.4x
P/BV 1.9x
PEG 1.79

Company Info

Symbol MFC
Company Manulife Financial Corporation
Sector Financial Services
Industry Insurance - Life
Website Visit
Market Cap $64,853.4M
📊 Financial data last updated: April 16, 2026 4:07 pm

Calculate your MFC Dividend Returns

Quickly and easily calculate MFC dividend yield using our MFC calculator. Adjust the fields below to see how your MFC investments snowball over time.

Show Idealized Scenario (Assumes all future extra investments and dividends are made on Day 1 and reinvested instantly — this creates a best-case scenario for compounding growth.)

Portfolio Growth Over Time

Data last updated: April 17, 2026 7:34 am

Year-by-Year Portfolio Growth (Realistic DRIP Scenario)

YearStart BalanceStart SharesShare PriceDividend / ShareDividend YieldYield on CostAnnual DividendTotal DividendsEnd SharesEnd Balance
1$10,000259$38.63$0.351.83%1.83%$201$201295$11,401
2$12,586295$42.64$0.391.82%2.01%$246$447329$14,032
3$15,490329$47.08$0.421.80%2.19%$296$743361$16,986
4$18,752361$51.97$0.461.78%2.40%$352$1,095391$20,304
5$22,414391$57.37$0.511.77%2.63%$414$1,509419$24,028
6$26,525419$63.33$0.561.75%2.87%$483$1,992445$28,208
7$31,140445$69.91$0.611.74%3.14%$559$2,551471$32,899
8$36,318471$77.18$0.661.72%3.44%$644$3,195494$38,161
9$42,127494$85.20$0.731.71%3.76%$737$3,932517$44,064
10$48,644517$94.06$0.801.69%4.12%$841$4,773539$50,685

MFC Dividend History

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
02/25/202602/25/2026$0.3543.57%2.00%$35.40
05/21/202505/21/2025$0.3163.91%2.05%$30.77
03/05/202503/05/2025$0.3063.94%2.04%$29.96
11/20/202411/20/2024$0.2873.64%1.78%$32.17
08/21/202408/21/2024$0.2944.41%2.25%$26.09
05/21/202405/21/2024$0.2944.27%2.23%$26.37
02/27/202402/27/2024$0.2964.57%2.46%$24.10
11/21/202311/21/2023$0.2665.63%2.79%$19.08
08/22/202308/22/2023$0.2706.00%3.07%$17.57
05/23/202305/23/2023$0.2705.49%2.85%$18.92
02/27/202302/27/2023$0.2685.25%2.74%$19.58
11/21/202211/21/2022$0.2475.89%2.86%$17.29
08/22/202208/22/2022$0.2545.81%2.86%$17.74
05/24/202205/24/2022$0.2595.70%2.95%$17.55
02/22/202202/22/2022$0.2594.73%2.52%$20.57
11/30/202111/30/2021$0.2595.21%2.89%$17.95
08/16/202108/16/2021$0.2244.45%2.24%$20.03
05/17/202105/17/2021$0.2314.13%2.17%$21.27
02/22/202102/22/2021$0.2224.34%2.27%$19.53
11/20/202011/20/2020$0.2145.09%2.60%$16.44
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Invest in MFC with Interactive Brokers

MFC 10-yr Total Return ($10,000 invested)

This analysis of MFC demonstrates the power of dividend reinvestment over a 10-year period with a $10,000 initial investment. The dividend reinvestment strategy delivered a 15.1% CAGR, representing strong long-term performance. The DRIP strategy provided 19% more total return compared to collecting dividends as cash, highlighting the compounding effect of reinvestment.

With DRIP No DRIP

Total Return with and without DRIP (MFC)

Over the selected period, investing $10,000 in MFC would grow to $66,657 with DRIP (566.6%), and $48,348 without DRIP (383.5%).

MFC Dividend Reinvestment Snowball

Investing $10,000 + $100/mo in MFC with historic price growth (10.39%) and dividend growth (9.41%) produces dramatically different outcomes depending on whether you reinvest dividends.

After 20 Years

Your Investment: $34,000

With DRIP

Portfolio: $192,439

Annual Dividend: $2,950

Yield on Cost: 8.68%

Total Dividends: $21,471

No DRIP

Portfolio: $166,076

Total Dividends: $17,973

After 30 Years

Your Investment: $46,000

With DRIP

Portfolio: $615,841

Annual Dividend: $8,635

Yield on Cost: 18.77%

Total Dividends: $72,150

No DRIP

Portfolio: $473,034

Total Dividends: $54,383

Milestones on the way

By year 13, the compounding really starts to show. Your total dividends collected reach $7,850 against a total investment of $25,600. At this point, your portfolio is throwing off $1,322 per year in dividends alone.

By year 17, the annual dividend climbs to around your initial contribution. For a starting investment of $10,000, the yearly dividend now sits at approximately $2,108, a powerful “income on autopilot” milestone.

After two decades, cumulative dividends total $21,471 versus $34,000 invested, nearly a 63% recovery of capital purely from income. Yield on cost reaches 8.68%.

At year 25, the income engine takes over. The portfolio’s annual dividend of $5,082 is greater than total contributions to date ($40,000), and cumulative dividends exceed $40,183.

By year 30, the DRIP snowball is in full force. Yearly income reaches $8,635, cumulative dividends total $72,150, and the DRIP portfolio value stands at $615,841, compared with $473,034 if dividends weren’t reinvested.

How we estimate these numbers

We use the latest calculator inputs for MFC, price $38.63, dividend per period $0.35 (2x/year), along with historic growth assumptions: price growth 10.39% and dividend growth 9.41% annually.

We simulate month by month for 30 years. Every month, a $100 contribution is added and converted to shares at that month’s price. Dividends are paid roughly evenly across the year based on the dividend frequency; in the DRIP path, each payout immediately buys additional shares at the then-current price. In the No-DRIP path, dividends accrue as cash. Prices grow using a monthly rate derived from the annual price growth. Dividends per share increase once per year at the annual dividend growth rate.

This model isn’t investment advice; it’s a simple, transparent framework that illustrates how reinvesting dividends can accelerate both income and total return over time.

Projected Future Returns & Dividends for MFC

Based on past 10-year performance, here are MFC growth metrics:

Share price CAGR of +10.33%
Dividend CAGR of +8.99%

Using MFC CAGR metrics, we can estimate that your initial $10,000 investment, over the next 10 years, should grow as follows:

MFC (DRIP)MFC (No DRIP)
Current Price$34.44$34.44
Start Shares290.36290.36
Start Value$10,000$10,000
After 10 years:
Final Share Count351.30290.36
Dividends Payment$1.68$1.68
Annual Dividends$578$486
Yield on cost5.78%4.86%
Share Price$92.04$92.04
Total Dividends$3,770$3,402
Final Value$32,333$30,127

Estimated Future Value + Dividends – MFC

Dividend History: Payments & Yield

Shows quarterly dividend payments with trailing yield and a 5-year rolling average overlay. Use the range pills to switch the visible period.

Yield Dividend

Dividend Growth

Lifetime quarterly dividend amounts, with range controls for 1Y/2Y/5Y/10Y. Useful to visualize the cadence and pace of dividend increases over time.

Dividend

Dividend Payments & Yield

Quarterly dividends with TTM yield and a 5‑year rolling average overlay. Helps compare current yield versus recent history across different ranges.

Dividend 5-yr Rolling AVG Yield

MFC Dividend History

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
02/25/202602/25/2026$0.3543.57%2.00%$35.40
05/21/202505/21/2025$0.3163.91%2.05%$30.77
03/05/202503/05/2025$0.3063.94%2.04%$29.96
11/20/202411/20/2024$0.2873.64%1.78%$32.17
08/21/202408/21/2024$0.2944.41%2.25%$26.09
05/21/202405/21/2024$0.2944.27%2.23%$26.37
02/27/202402/27/2024$0.2964.57%2.46%$24.10
11/21/202311/21/2023$0.2665.63%2.79%$19.08
08/22/202308/22/2023$0.2706.00%3.07%$17.57
05/23/202305/23/2023$0.2705.49%2.85%$18.92
02/27/202302/27/2023$0.2685.25%2.74%$19.58
11/21/202211/21/2022$0.2475.89%2.86%$17.29
08/22/202208/22/2022$0.2545.81%2.86%$17.74
05/24/202205/24/2022$0.2595.70%2.95%$17.55
02/22/202202/22/2022$0.2594.73%2.52%$20.57
11/30/202111/30/2021$0.2595.21%2.89%$17.95
08/16/202108/16/2021$0.2244.45%2.24%$20.03
05/17/202105/17/2021$0.2314.13%2.17%$21.27
02/22/202102/22/2021$0.2224.34%2.27%$19.53
11/20/202011/20/2020$0.2145.09%2.60%$16.44
08/14/202008/14/2020$0.2125.39%2.82%$15.06
05/15/202005/15/2020$0.1996.93%3.50%$11.37
02/24/202002/24/2020$0.2124.31%2.36%$17.98
11/18/201911/18/2019$0.1893.83%1.92%$19.64
08/19/201908/19/2019$0.1884.54%2.27%$16.60
05/13/201905/13/2019$0.1864.27%2.17%$17.18
02/26/201902/26/2019$0.1904.21%2.22%$17.10
11/19/201811/19/2018$0.1904.27%2.30%$16.51
08/20/201808/20/2018$0.1683.64%1.81%$18.56
05/14/201805/14/2018$0.1723.46%1.78%$19.37
02/20/201802/20/2018$0.1753.32%1.79%$19.51
11/20/201711/20/2017$0.1613.01%1.54%$20.90
08/18/201708/18/2017$0.1623.11%1.66%$19.47
05/12/201705/12/2017$0.1503.41%1.74%$17.21
02/17/201702/17/2017$0.1573.06%1.66%$18.95
11/18/201611/18/2016$0.1373.28%1.61%$16.99
08/12/201608/12/2016$0.1424.18%2.16%$13.12
05/13/201605/13/2016$0.1443.88%2.08%$13.83
02/22/201602/22/2016$0.1344.16%2.09%$12.84
11/20/201511/20/2015$0.1283.19%1.56%$16.41
08/14/201508/14/2015$0.1303.10%1.51%$17.21
05/18/201505/18/2015$0.1422.91%1.52%$18.72
02/23/201502/23/2015$0.1243.03%1.44%$17.26
11/21/201411/21/2014$0.1372.65%1.41%$19.50
08/15/201408/15/2014$0.1422.55%1.44%$19.75
05/09/201405/09/2014$0.1202.61%1.29%$18.63
02/24/201402/24/2014$0.1172.59%1.22%$19.15
11/15/201311/15/2013$0.1242.73%1.33%$18.70
08/16/201308/16/2013$0.1263.02%1.48%$17.08
05/10/201305/10/2013$0.1293.39%1.68%$15.39
02/15/201302/15/2013$0.1313.39%1.70%$15.43
11/16/201211/16/2012$0.1304.39%2.19%$11.89
08/17/201208/17/2012$0.1324.54%2.31%$11.45
05/11/201205/11/2012$0.1304.22%2.11%$12.31
02/17/201202/17/2012$0.1304.13%2.05%$12.68
11/10/201111/10/2011$0.1284.45%2.17%$11.81
08/19/201108/19/2011$0.1324.18%2.09%$12.63
05/13/201105/13/2011$0.1342.93%1.51%$17.79
02/18/201102/18/2011$0.1322.67%1.38%$19.18
11/12/201011/12/2010$0.1303.42%1.77%$14.73
08/13/201008/13/2010$0.1254.09%2.05%$12.19
05/14/201005/14/2010$0.1262.79%1.43%$17.65
02/22/201002/22/2010$0.1233.14%1.32%$18.70
11/13/200911/13/2009$0.1243.51%1.30%$19.12
08/14/200908/14/2009$0.1203.77%1.18%$20.31
05/18/200905/18/2009$0.2214.56%2.26%$19.52
02/23/200902/23/2009$0.2069.08%4.12%$9.99
11/14/200811/14/2008$0.2185.01%2.32%$18.76
08/15/200808/15/2008$0.2452.76%1.39%$35.38
05/19/200805/19/2008$0.2382.46%1.25%$38.19
02/25/200802/25/2008$0.2382.32%1.23%$38.79
11/15/200711/15/2007$0.2552.05%1.25%$40.70
08/16/200708/16/2007$0.2092.15%1.19%$35.16
05/11/200705/11/2007$0.1991.99%1.12%$35.41
02/22/200702/22/2007$0.1721.91%1.00%$34.52
11/13/200611/13/2006$0.1761.92%1.06%$33.25
08/14/200608/14/2006$0.1561.87%0.99%$31.51
05/12/200605/12/2006$0.1561.80%0.96%$32.48
02/16/200602/16/2006$0.1521.83%0.96%$31.65
11/10/200511/10/2005$0.1271.99%0.90%$27.99
08/12/200508/12/2005$0.1502.20%1.18%$25.45
05/13/200505/13/2005$0.1502.40%1.33%$22.52
02/17/200502/17/2005$0.1302.10%1.10%$23.56
11/12/200411/12/2004$0.1301.95%1.14%$22.78
08/12/200408/12/2004$0.1302.09%1.30%$20.04
05/13/200405/13/2004$0.1052.20%1.17%$17.90
02/12/200402/12/2004$0.0792.07%0.86%$18.29
11/13/200311/13/2003$0.1052.58%1.39%$15.14
08/13/200308/13/2003$0.1052.46%1.38%$15.25
05/13/200305/13/2003$0.0902.45%1.30%$13.90
02/12/200302/12/2003$0.0902.76%1.55%$11.60
11/13/200211/13/2002$0.0902.72%1.63%$11.04
08/13/200208/13/2002$0.0702.32%1.20%$11.66
05/13/200205/13/2002$0.0701.76%0.95%$14.77
02/13/200202/13/2002$0.0701.85%1.04%$13.51
11/13/200111/13/2001$0.0601.80%0.90%$13.30
08/13/200108/13/2001$0.0601.56%0.81%$14.74
05/11/200105/11/2001$0.0601.71%0.93%$12.87
02/16/200102/16/2001$0.0601.61%0.92%$13.06
11/16/200011/16/2000$0.0501.36%0.84%$11.94
08/23/200008/23/2000$0.0501.18%1.05%$9.56
05/31/200005/31/2000$0.0500.71%1.13%$8.81
03/16/200003/16/2000$0.0130.19%0.39%$6.44
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Dividend Payout Ratio

Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.

Payout Ratio

Dividend to Free Cash Flow Ratio

Shows dividends as a percentage of free cash flow. Consistently high values may signal limited reinvestment capacity or potential dividend risk.

Dividend/FCF Ratio

Share Price

Historical closing price with range controls. Table view includes quarter‑over‑quarter and year‑over‑year changes for additional context.

MFC Price

Price to Earnings

MFC trades at a 42.2x price-to-earnings ratio. This elevated valuation suggests investors expect strong future growth.

Price to Sales

MFC trades at a 3.4x price-to-sales ratio, providing insight into market valuation relative to revenue generation.

Revenue

MFC generated $0.0B in revenue. Revenue has declined by 100% over the period.

Net Income

MFC reported $1.4B in net income. Net income has declined by 23% over the period.

Revenue vs Net Income

MFC generated $0.0B in revenue with net income of $1.4B, representing a 0.0% net profit margin.

Gross Profit

MFC achieved $0.0B in gross profit, showing revenue after direct production costs.

Operating Income

MFC generated $0.0B in operating income, representing profit from core business operations.

EBITDA

MFC generated $0.0B in EBITDA, measuring operational profitability before interest, taxes, depreciation, and amortization.

Operating Cash Flow

MFC generated $1.6B in operating cash flow, demonstrating the company’s ability to convert earnings into cash.

Free Cash Flow

MFC generated $1.6B in free cash flow. Free cash flow has decreased by 18% over the period.

Free Cash Flow / Share

MFC generates $0.96 in free cash flow per share. FCF per share has declined by 18% over the period.

Earnings Per Share (EPS)

MFC reported $0.83 in earnings per share. EPS has declined by 23% over the period.

Return on Equity (ROE)

MFC delivered a 7.2% return on equity, indicating how effectively the company generates returns for shareholders.

Return on Assets (ROA)

MFC achieved a 4.3% return on assets, measuring how efficiently the company uses its assets to generate profit.

Net Profit Margin

MFC maintains a 8.6% net profit margin, showing the percentage of revenue retained as profit after all expenses.

Gross Profit Margin

MFC operates with a 81.3% gross profit margin, reflecting pricing power and cost efficiency in core operations.

Cash & Debt

MFC holds $0.0B in cash against $0.0B in debt, resulting in a net cash position of $0.0B.

Shares Outstanding

MFC has 1.7B shares outstanding.

Stock-Based Comp

MFC reported $0.0B in stock-based compensation. Over the period, stock-based compensation has decreased by 100%.

FCF vs Stock Based Comp

MFC generated $1.6B in free cash flow while spending $0.0B on stock-based compensation, representing 0% of FCF.

FCF vs FCF / Share

MFC reported $1.6B in free cash flow, translating to $0.96 per share.

Revenue: Actual + Estimates

This chart tracks MFC revenue: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

EPS: Actual + Estimates

This chart tracks MFC eps: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

Net Income: Actual + Estimates

This chart tracks MFC net income: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

EBITDA: Actual + Estimates

This chart tracks MFC ebitda: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

About Manulife Financial Corporation

Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, and internationally. It operates through Wealth and Asset Management Businesses; Insurance and Annuity Products; and Co

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Disclaimer: The information on this page is for educational and entertainment purposes only and does not constitute financial advice. Do your own research and consult a qualified financial advisor before making investment decisions. Data sources include Yahoo Finance and other third-party providers and may contain errors or delays.

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