Sun Life Financial Inc. Announces Quarterly Dividend for Class A Non-Cumulative Series 5 Preferred Shares
Sun Life Financial Inc. has declared a quarterly dividend of $0.2812 per share for its CAD 250 million 4.5% Class A Non-Cumulative Series 5 preferred shares (SLF.PR.E:CA). The distribution represents a forward yield of approximately 5.47%. The dividend is scheduled to be paid on December 31, with the ex-dividend date and record date both set for November 25. This announcement follows recent strategic developments for Sun Life, including reinsurance partnerships and participation in major financial summits.
Topics: analyst upgrade dividend declaration earnings call reinsurance partnership