Manulife Financial Corp Stock Price Update

Manulife Financial Corp’s stock price has fluctuated over the past year. A recent update from Scotiabank has lowered the company’s price target.

Financial Sector Performance

The Canadian financial sector has historically provided strong long-term returns. Manulife Financial Corp is a key player in this sector.

Company Performance Factors

Manulife’s stock price is influenced by its involvement in various financial products, including:

• Annuities
• Life insurance

Closed-End Funds

Manulife’s performance is closely tied to that of its closed-end funds, such as:

• John Hancock Premium Dividend Fund
• Recent developments:
  • The John Hancock Premium Dividend Fund has declared monthly distributions.

Stock Price Update

Manulife’s stock price remains a topic of interest in the financial sector.