Stock Name: MFC
Amount: CAD 0.13
Announcement Date: 03/11/2011
Record Date: 11/11/2011
Dividend Detail:
C$ unless otherwise statedTSX/NYSE/PSE:
MFCSEHK:945
TORONTO, Nov. 3, 2011 /CNW/ - Manulife Financial Corporation's Board of
Directors today declared a quarterly shareholders' dividend of $0.13
per share on the common shares of Manulife Financial Corporation (the
"Company"), payable on and after December 19, 2011 to shareholders of
record at the close of business on November 15, 2011.
The Board also declared dividends on the following non-cumulative
preferred shares, payable on or after December 19, 2011 to shareholders
of record at the close of business on November 15, 2011.
Class A Shares Series 1 - $0.25625 per share
Class A Shares Series 2 - $0.29063 per share
Class A Shares Series 3 - $0.28125 per share
Class A Shares Series 4 - $0.4125 per share
Class 1 Shares Series 1 - $0.35 per share
Class 1 Shares Series 3 - $0.2625 per share
In respect of the Company's December 19, 2011 common share dividend
payment date, the Board has decided that the Company will issue common
shares in connection with the reinvestment of dividends and optional
cash purchases pursuant to the Company's Canadian Dividend Reinvestment
and Share Purchase Plan and its U.S. Dividend Reinvestment and Share
Purchase Plan. The price of common shares purchased with reinvested
dividends will be reduced by a two (2%) per cent discount from the
market price, as determined pursuant to the applicable plan.
About Manulife Financial
Manulife Financial is a leading Canada-based financial services group
operating in 21 countries and territories worldwide. For more than 120
years, clients have looked to Manulife for strong, reliable,
trustworthy and forward-thinking solutions for their most significant
financial decisions. Our international network of employees, agents
and distribution partners offers financial protection and wealth
management products and services to millions of clients. We provide
asset management services to institutional customers worldwide as well
as reinsurance solutions, specializing in property and casualty
retrocession. Funds under management by Manulife Financial and its
subsidiaries were C$492 billion (US$473 billion) as at September 30,
2011. The Company operates as Manulife Financial in Canada and Asia and
primarily as John Hancock in the United States.
Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE,
and under '945' on the SEHK. Manulife Financial can be found on the
Internet at manulife.com.
For further information:
| Media inquiries: Laurie Lupton Manulife Financial 416-852-7792 laurie_lupton@manulife.com | | | Shareholder Relations: Terri Neville Manulife Financial 1-800-795-9767 shareholder_services@manulife.com |
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