Manulife Financial Corp. (MFC) Director Acquires C$1,620,529.80 in Stock
Manulife Financial Corp. (TSE:MFC) (NYSE:MFC) Director Rocco Gori purchased 60,694 shares of the company’s stock in a transaction dated Friday, December 15th. The stock was bought at an average cost of C$26.70 per share, for a total transaction of C$1,620,529.80.
Shares of Manulife Financial Corp. (MFC) opened at C$26.78 on Thursday. Manulife Financial Corp. has a 12-month low of C$22.39 and a 12-month high of C$27.54.
The business also recently declared a quarterly dividend, which was paid on Tuesday, December 19th. Stockholders of record on Tuesday, November 21st were given a $0.205 dividend. The ex-dividend date was Monday, November 20th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 3.06%. Manulife Financial’s dividend payout ratio is currently 43.96%.
Manulife Financial Company Profile
Manulife Financial Corporation (MFC) is a holding company of The Manufacturers Life Insurance Company (MLI), which is a life insurance company, and John Hancock Reassurance Company Ltd. (JHRECO), which is a reinsurance company. The Company operates as a financial services company with principal operations in Asia, Canada and the United States.
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