Manulife

M Split Corp. Monthly Dividend Declared for Class I Preferred Shares

Retrieved on: 
Thursday, September 21, 2023

TORONTO, Sept. 21, 2023 (GLOBE NEWSWIRE) -- M Split Corp. ("M Split") declares its monthly distribution of $0.03125 per share ($0.375 annually) for Class I Preferred shareholders.

Key Points: 
  • TORONTO, Sept. 21, 2023 (GLOBE NEWSWIRE) -- M Split Corp. ("M Split") declares its monthly distribution of $0.03125 per share ($0.375 annually) for Class I Preferred shareholders.
  • The Class I Preferred share dividends are paid at an annual rate of 7.50% based on the $5 notional issue price.
  • Distributions are payable October 10, 2023 to shareholders on record as at September 29, 2023.
  • M Split invests in common shares of Manulife Financial Corporation, the largest life insurer in Canada offering financial products and wealth management services.

Financial 15 Split Corp. Monthly Dividend Declaration for Class A & Preferred Share

Retrieved on: 
Thursday, September 21, 2023

TORONTO, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annualized) and $0.06250 for each Preferred share ($0.750 annually).

Key Points: 
  • TORONTO, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annualized) and $0.06250 for each Preferred share ($0.750 annually).
  • Distributions are payable October 10, 2023 to shareholders on record as at September 29, 2023.
  • Since inception Class A shareholders have received a total of $24.68 per share and Preferred shareholders have received a total of $11.00 per share inclusive of this distribution, for a combined total of $35.68.
  • Financial 15 invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.

Canadian Life Companies Split Corp. Preferred Dividend Declared

Retrieved on: 
Thursday, September 21, 2023

TORONTO, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.06667 for each Preferred share ($0.800 annually).

Key Points: 
  • TORONTO, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.06667 for each Preferred share ($0.800 annually).
  • Distributions are payable October 10, 2023 to shareholders on record as at September 29, 2023.
  • There will not be a distribution paid to the Class A Shares for September 29, 2023 as per the Prospectus which states no regular monthly dividends will be paid on the Class A shares in any month as long as the net asset value per unit is equal to or less than $15.00.
  • Since inception Class A shareholders have received a total of $7.65 per share and Preferred shareholders have received a total of $11.09 per share inclusive of this distribution, for a combined total of $18.74 per
    The Company invests in a portfolio of four publicly traded Canadian life insurance companies as follows: Great-West Lifeco Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife Financial Corporation and Sun Life Financial Inc.

North American Financial 15 Split Corp. Regular Monthly Dividend Declaration for Preferred Share

Retrieved on: 
Thursday, September 21, 2023

TORONTO, Sept. 21, 2023 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.06458 for each Preferred share ($0.775 annually).

Key Points: 
  • TORONTO, Sept. 21, 2023 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.06458 for each Preferred share ($0.775 annually).
  • Distributions are payable October 10, 2023 to shareholders on record as at September 29, 2023.
  • There will not be a distribution paid to the Class A Shares for September 29, 2023 as per the Prospectus which states no regular monthly dividends will be paid on the Class A shares in any month as long as the net asset value per unit is equal to or less than $15.00.
  • Since inception Class A shareholders have received a total of $16.04 per share and Preferred shareholders have received a total of $10.54 per share inclusive of this distribution, for a combined total of $26.58.

John Hancock Convenes Global Leaders in Longevity Innovation in Boston, Joined by Mayor Wu

Retrieved on: 
Tuesday, September 12, 2023

Hosts its First-Ever Symposium Reaffirming Commitment to Helping People Live Longer, Healthier, Better Lives

Key Points: 
  • Hosts its First-Ever Symposium Reaffirming Commitment to Helping People Live Longer, Healthier, Better Lives
    BOSTON, Sept. 12, 2023 /PRNewswire/ - Today, John Hancock , a unit of Toronto-based Manulife, is hosting its first-ever Longevity Symposium in Boston, joined by Mayor Michelle Wu.
  • It's time we work together to win the battle on deteriorating health," said Brooks Tingle, President and CEO of John Hancock.
  • "We're proud to host this event in Boston — an epicenter for longevity innovation across science, health and wellness, technology, finance, policy.
  • Since 2015, John Hancock has offered customers access to its industry-leading John Hancock Vitality Program, which motivates and rewards customers for the small, everyday things they do to stay healthy or improve their health.

Manulife Appoints Maryscott Greenwood as Global Head of Government Relations

Retrieved on: 
Thursday, September 7, 2023

C$ unless otherwise stated                                                    TSX/NYSE/PSE: MFC     SEHK: 945

Key Points: 
  • C$ unless otherwise stated                                                    TSX/NYSE/PSE: MFC     SEHK: 945
    TORONTO, Sept. 7, 2023 /PRNewswire/ - Manulife today announced the appointment of Maryscott (Scotty) Greenwood as Global Head of Government Relations, effective October 16, 2023.
  • She will serve as a member of the company's Global Leadership Team, reporting to Manulife General Counsel James D. Gallagher.
  • "We're pleased to have Scotty join Manulife to oversee our government relations activities," said Mr. Gallagher.
  • Most recently she served as the founding partner of Crestview Strategy US LLC, a government relations consultancy based in Washington, D.C.

Canadian American Business Council Announces Appointment of New CEO

Retrieved on: 
Thursday, September 7, 2023

WASHINGTON, Sept. 7, 2023 /PRNewswire/ - The Board of Directors of the Canadian American Business Council announces that Beth Burke will be leading the organization effective October 1, replacing Maryscott Greenwood, the long serving Chief Executive Officer.

Key Points: 
  • WASHINGTON, Sept. 7, 2023 /PRNewswire/ - The Board of Directors of the Canadian American Business Council announces that Beth Burke will be leading the organization effective October 1, replacing Maryscott Greenwood, the long serving Chief Executive Officer.
  • Maryscott Greenwood led the Canadian American Business Council as CEO since 2001.
  • Nancy Ziuzin Schlegel, CABC Board Chair said "The Canadian American Business Council thanks Maryscott Greenwood for twenty-three years of steadfast leadership and growing the organization to be the leading non-profit, non-partisan, issues-oriented organization continually focused on strengthening the Canada-US relationship.
  • Beth Burke has unique strengths in solving problems and bringing people together, the Canadian American Business Council is lucky to have her at the helm."

Life & Banc Split Corp. Announces Preferred Share Distribution Rate

Retrieved on: 
Monday, August 28, 2023

In connection with the extension, shareholders who do not wish to continue their investment in the Fund, will be able to retract their Preferred Shares or Class A Shares on October 30, 2023 pursuant to a special retraction right and receive a retraction price that is calculated in the same way that such price would be calculated if the Fund were to terminate on October 30, 2023.

Key Points: 
  • In connection with the extension, shareholders who do not wish to continue their investment in the Fund, will be able to retract their Preferred Shares or Class A Shares on October 30, 2023 pursuant to a special retraction right and receive a retraction price that is calculated in the same way that such price would be calculated if the Fund were to terminate on October 30, 2023.
  • Pursuant to this option, the retraction price may be less than the market price if the share is trading at a premium to net asset value.
  • To exercise this retraction right, shareholders must provide notice to their investment dealer by September 29, 2023 at 5:00 p.m. (Toronto time).
  • Alternatively, shareholders may sell their Preferred Shares and/or Class A Shares through their securities dealer at the market price at any time, potentially at a higher price than would be achieved through retraction, or shareholders may take no action and continue to hold their shares.

Dealpath Delivers AI-Powered Solutions for Real Estate Investors

Retrieved on: 
Monday, August 28, 2023

“A fundamental challenge to solve in real estate investment management is the current lack of standardized data and related workflows,” said Mike Sroka, CEO and Co-Founder of Dealpath.

Key Points: 
  • “A fundamental challenge to solve in real estate investment management is the current lack of standardized data and related workflows,” said Mike Sroka, CEO and Co-Founder of Dealpath.
  • “To date, real estate has been a document-heavy business and industry.
  • At Dealpath, we believe that real estate is driven by people with information to shape our built world, and that intuitive, purpose-built software and data driven analysis empowers smart decisions and performance.
  • Everything we do continues to be in pursuit of maximizing the important work of real estate investment and capital markets in today’s digital universe and age of AI.”
    Within the real estate industry, the use and exploration of AI-powered solutions has taken center stage.

Manulife Launches Personalized Medicine Program for Enhanced Health Care Members to Improve Health Outcomes

Retrieved on: 
Wednesday, August 23, 2023

Based on the results, health care practitioners can then tailor treatment plans that are personalized and precise, reducing side effects and increasing the odds of successful patient outcomes.

Key Points: 
  • Based on the results, health care practitioners can then tailor treatment plans that are personalized and precise, reducing side effects and increasing the odds of successful patient outcomes.
  • "As a trained pharmacist, the potential that our Personalized Medicine program has to help improve quality of life for millions of Canadians is exciting and encouraging," says Ashesh Desai, Head of Group Benefits, Manulife Canada.
  • This Personalized Medicine program has been in a pilot stage with select Manulife Group Benefits members since 2021 and the results have been encouraging: 80% of members changed their medications in consultation with their healthcare providers, and 86% of members reported an improvement in their mental health.
  • To learn more about Manulife Canada and its group benefit solutions for employers and unions, please visit Manulife.ca.