Manulife Financial Corp T.MFC

Alternate Symbol(s): MNQFF | T.MFC.PR.K | T.MFC.PR.L | T.MFC.PR.M | T.MFC.PR.N | MFC | T.MFC.PR.P | T.MFC.PR.Q | T.MFC.PR.B | MNLCF | T.MFC.PR.C | MNUFF | T.MFC.PR.F | T.MFC.PR.I | T.MFC.PR.J

Financial Services Insurance - Diversified

Manulife Financial Corporation is a Canada-based international financial services company. The Company operates as Manulife across its offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States. It provides financial advice, insurance, and wealth and asset management solutions for individuals, institutions, and retirement plan members worldwide. Its segments include Asia, Canada, Global WAM, and Corporate and Other. The Asia segment provides insurance products and insurance-based wealth accumulation products. The Canada segment provides insurance products, insurance-based wealth accumulation products, and banking services and has an in-force variable annuity business. Global WAM segment provides investment advice and solutions to its retail, retirement, and institutional clients. It provides life insurance products, insurance-based wealth accumulation products and has an in-force long-term care insurance business.

TSX:MFC - Post by User

Manulife Financial Corp

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Comment by Capharnaumon May 23, 2020 12:41am

535 Views

Post# 31063983

RE:Curious

The_Hawk wrote: Curious to know how they can issue a 7% dividend and then borrow 500 Million through the issuance of Senior Notes. Can anyone explain how this would be normal?

Does a corp need to not pay a dividend to issue debt?

Not digging too deep but from the news release, Manulife's leverage would be 23% which is quite low.

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