Manulife Financial Corporation (MFC) has been named among the 15 Global Dividend Stocks to Diversify Your Portfolio. Morgan Stanley raised its price target on MFC to $51 from $50 with an Equal Weight rating, citing favorable macro conditions. The stock has already seen a 20% increase since the beginning of 2025.

Capital flexibility has allowed Manulife to focus on Asia, with strategies to gain market share in major economies. The company has utilized reinsurance deals to transfer risk, enabling share buybacks and new investments. Recent acquisitions in India and Indonesia aim to strengthen its presence in Southeast Asia.

Manulife’s Asia segment is flourishing, with core earnings up 29% to $550 million in Q3 compared to last year. Overall, core earnings for the company reached C$2.04 billion in the same period, a significant increase from the previous year. Operating as a global financial services company, MFC offers insurance, wealth management, and investment solutions worldwide.

Read more at Yahoo Finance: Manulife (MFC) Outlook Steady as Morgan Stanley Lifts Price Target