EarningsWith quarterly earnings of $0.70 p/s and a dividend of $ 0.22 p/s there is not doubt in my mind that there is considerable room for a dividend increase without delay. Banks dividend approx,. 45/50% of earnings and as Manulife is very similar to a Bank an increase should be forthcoming. Using Banks senerio manulifes divident should be $0.315 -$0.35 p.s.
It's about time the board rewarded shareholders and increased the dividend. Don't know what the hold up is?