The payout yields 4.4% and will be distributed to shareholders of record on May 29, with payment on June 19.
Manulife Financial’s preferred shares Series 13 (MFC.PR.K:CA) announced a quarterly dividend of CAD 0.3969 per share. The dividend offers a forward yield of 4.4% based on current pricing.
The payment will be made on June 19 to shareholders of record as of May 29, with the ex-dividend date also set for May 29. The announcement aligns with the company’s regular dividend schedule for preferred shares.
No immediate market reaction was specified following the declaration.