Manulife Financial Stock To Go Ex-dividend Tomorrow (MFC)
NEW YORK (
) -- The ex-dividend date for
Manulife Financial Corporation
(NYSE:
) is tomorrow, February 17, 2012. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $12.01 as of 9:30 a.m. ET, the dividend yield is 4.4%.
The average volume for Manulife Financial has been 3.3 million shares per day over the past 30 days. Manulife Financial has a market cap of $22.56 billion and is part of the
sector and
industry. Shares are up 13.7% year to date as of the close of trading on Wednesday.
Manulife Financial Corporation, together with its subsidiaries, provides financial protection and wealth management products and services to individuals and group customers. The company operates in 21 countries and territories worldwide. The company has a P/E ratio of 594.5, above the average insurance industry P/E ratio of 11.6 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Manulife Financial as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and a generally disappointing performance in the stock itself. You can view the full
Manulife Financial Ratings Report
.
See our
or
.
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