Manulife Financial shares are trading higher after the company reported better-than-expected Q4 adjusted EPS results and increased its common share dividend.
Portfolio Pulse from Benzinga Newsdesk
Manulife Financial's stock is trading higher following the announcement of better-than-expected Q4 adjusted EPS results and an increase in its common share dividend.
February 15, 2024 | 6:55 pm
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Manulife Financial's shares are experiencing an uptick due to its Q4 earnings surpassing expectations and the announcement of a higher dividend for its common shares.
The positive reaction in Manulife Financial's stock price is directly attributable to the company's announcement of better-than-expected Q4 adjusted EPS results and an increase in its dividend. This kind of financial performance and shareholder reward typically leads to increased investor confidence and demand for the stock, driving up its price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100