On 2016-08-04, Manulife Financial Corp (NYSE:MFC) confirmed the dividend disbursement of $0.142 a share to shareholders as on record 2016-08-16. The firm will release dividend on 2016-09-19 while ex-dividend date is reported to be 2016-08-12.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Manulife Financial Corp (NYSE:MFC) paid a total of $0.142 per share in dividends. This figure stood at $0.142 a share in the same period a year ago indicating a deviation of 28.7389%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $16.195 on the stock. This figure is the average of recommendations offered by 4 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $17.7 and $15.12, respectively.
Taking the mathematical rating formula, the price for Manulife Financial Corp (NYSE:MFC) stands at 1.25. Earnings Review Manulife Financial Corp (NYSE:MFC) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-10. For the period ending on 2016-09-30, experts are expecting EPS of $0.34.
Coming to the quarter ending on 2015-12-31, Manulife Financial Corp (NYSE:MFC) recorded EPS of $0.31. The reported numbers came lower than the analysts’ estimates of $0.34, demonstrating a miss of $-0.03 as against reported figures.
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