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home / news releases / MFC:CC - Inflation Worries? Add Some Power To Your Retirement Income


MFC:CC - Inflation Worries? Add Some Power To Your Retirement Income

  • Power Corporation recently announced a dividend increase of 10.6%, moving the company’s forward yield to over 5%.
  • The company’s history of strong dividend growth makes it a powerful tool to combat the erosive effects of inflation on your retirement income.
  • In addition to its yield, Power has been making headway in narrowing its discount to NAV, giving the shares further upside potential.
  • With its core businesses leveraged to rising interest rates, Power Corporation is a smart income pick in a rising rate environment.

For further details see:

Inflation Worries? Add Some Power To Your Retirement Income
Stock Information

Company Name: Manulife Financial Corporation
Stock Symbol: MFC:CC
Market: TSXC
Website: manulife.com

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