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Bullboard - Stock Discussion Forum Manulife Financial Corp T.MFC.PR.J


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

Manulife Financial Corporation is a Canada-based international financial services provider. The Company provides financial advice and insurance, operating as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States. Its segments include Wealth and asset management businesses, Insurance and annuity products, and Corporate and Other segment. Wealth and asset... see more

TSX:MFC - Post Discussion

Manulife Financial Corp > Up on a down day and ready to break out???
View:
Post by SunsetGrill on Dec 04, 2023 5:29pm

Up on a down day and ready to break out???

Maybe this time it can break through the huge resistance. You cant keep posting profits of 80-90 cents per quarter, buy back lots of shares and raise your divy 10% a year and keep holding this range. Next earnings  (If no hiccups) and a further 10% divy bump and this will break $30. with a re-rate. Patience, if not collect the divy and be even more patient LOL - One day.....
Comment by mbuch on Dec 05, 2023 9:44am
You would think right? LOL Seems the market just doesn't like MFC vs. SLF.
Comment by SunsetGrill on Dec 06, 2023 2:21pm
So why are you here?? Just by SLF and your will never have to worry about them - cause the next 5 years will be exactly the same as the last 5 years right? Why buy MFC knowing its the worst investment? Makes no sense 
Comment by mbuch on Dec 07, 2023 11:54am
Only here cause I bought in 2016 and I'm getting a nice dividend on my investment. Seeing the constant cyclical pattern last 5 years though, it may be time to just trade this stock. $27 is the top range and buy it back maybe $22ish.    
Comment by SunsetGrill on Dec 20, 2023 9:25am
Its had to be humble - but there you it. Taking a bit off the table after huge run. But expecting yet another 7-10% divy increase in new year.
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