C$ unless otherwise
stated
TSX/NYSE/PSE: MFC SEHK: 945
TORONTO, Aug. 5, 2020 /CNW/ - Manulife's Board of
Directors today announced a quarterly shareholders' dividend of
$0.28 per share on the common shares
of Manulife Financial Corporation (the "Company"), payable on and
after September 21, 2020 to shareholders of record at the
close of business on August 17, 2020.
In respect of the Company's Canadian Dividend Reinvestment and
Share Purchase Plan and its U.S. Dividend Reinvestment and Share
Purchase Plan, the Company will purchase common shares on the open
market in connection with the reinvestment of dividends and
optional cash purchases under these plans. The purchase price of
these common shares will be based on the average of the actual cost
to purchase them and there are no applicable discounts.
About Manulife
Manulife Financial Corporation is a leading international financial
services group that helps people make their decisions easier and
lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across
our offices in Canada,
Asia, and Europe, and primarily as John Hancock in the
United States. We provide financial advice, insurance, and
wealth and asset management solutions for individuals, groups and
institutions. At the end of 2019, we had more than 35,000
employees, over 98,000 agents, and thousands of distribution
partners, serving almost 30 million customers. As of June 30, 2020, we had $1.2
trillion (US$0.9 trillion) in
assets under management and administration, and in the previous 12
months we made $30.6 billion in
payments to our customers. Our principal operations are in
Asia, Canada and the
United States where we have served customers for more than
155 years. We trade as 'MFC' on the Toronto, New
York, and the Philippine stock exchanges and under '945' in
Hong Kong.
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SOURCE Manulife Financial Corporation