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Manulife increases common shareholders' dividend by 10.0%

1. Manulife announced a 10% dividend increase to $0.44 per share. 2. Dividend payable on March 19, 2025, to shareholders recorded on March 5. 3. Plans to repurchase shares as part of dividend reinvestment programs. 4. Manulife serves over 35 million customers globally with a diversified service portfolio.

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FAQ

Why Bullish?

The dividend increase signals financial strength and investor confidence, similar to past increases boosting stock prices.

How important is it?

The increase in dividends is a strong indicator of Manulife's financial health, directly influencing MFC's stock appeal.

Why Short Term?

Immediate impact expected as dividends enhance shareholder value, influencing buying behavior leading up to March 2025.

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MFCJHN945
C$ unless otherwise stated                                                               TSX/NYSE/PSE: MFC     SEHK: 945 , /PRNewswire/ - Manulife's Board of Directors today announced an increase of 10.0% or 4 cents per share to its quarterly common shareholders' dividend resulting in a dividend of $0.44 per share on the common shares of Manulife, payable on and after March 19, 2025, to shareholders of record at the close of business on March 5, 2025. 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 provider, helping people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we provide financial advice and insurance, operating as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States. Through Manulife Wealth & Asset Management, we offer global investment, financial advice, and retirement plan services to individuals, institutions, and retirement plan members worldwide. At the end of 2023, we had more than 38,000 employees, over 98,000 agents, and thousands of distribution partners, serving over 35 million customers. We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges, and under '945' in Hong Kong. Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com. Media Contact:Anne HammerManulife201-925-1213[email protected] Investor Relations:Hung KoManulife416-806-9921[email protected] SOURCE Manulife Financial Corporation WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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