Manulife FinancialNYSE: MFC

Manulife Financial Corporation is an insurance company with strong fundamentals and good growth prospects, namely due to its large exposure to Asia. Its operating performance has been positive, and this trend is expected to be maintained in Q3 2024. Despite this backdrop, MFC's valuation is at a premium to its historical levels and upside potential seems limited right now.

Manulife (MFC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

C$ unless otherwise stated                                         TSX/NYSE/PSE: MFC     SEHK: 945 TORONTO , Oct. 28, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife") today announced that it does not intend to exercise its right to redeem all or any of its currently outstanding 14,000,000 Non-cumulative Rate Reset Class 1 Shares Series 17 (the "Series 17 Preferred Shares") (TSX: MFC.PR.M) on December 19, 2024. As a result, subject to certain conditions described in the prospectus supplement dated August 11, 2014 relating to the issuance of the Series 17 Preferred Shares (the "Prospectus"), the holders of the Series 17 Preferred Shares have the right, at their option, to convert all or part of their Series 17 Preferred Shares on a one-for-one basis into Non-cumulative Floating Rate Class 1 Shares Series 18 of Manulife (the "Series 18 Preferred Shares") on December 19, 2024.

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Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Manulife Financial (MFC) have what it takes?

C$ unless otherwise stated                                            TSX/NYSE/PSE: MFC     SEHK: 945 TORONTO , Oct. 23, 2024 /PRNewswire/ - Manulife Financial Corporation will release its third quarter 2024 financial results after markets close on Wednesday, November 6, 2024, which will be made available at manulife.com/en/investors/results-and-reports. A live webcast and conference call are scheduled for Thursday, November 7, 2024, at 8:00 a.m.

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Manulife (MFC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.