Has anyone had any experience with Manulife Financial?
Current yield 5.85% with payout ratio of about 35-40% (continuously below 50% since 2018).
Has been paying dividends for 21 years and steadily increasing for 8 years.
Market Cap: $33 billion
P/E ratio of 5 in 2022
Revenue slump from $60 billion (2020) to $47 billion (2021).
Profit growth from USD 4.1 billion (2020) to USD 5.4 billion (2021)
This is truly not a price rocket, but could be interesting for one or the other dividend hunter.