The Board of Directors of Sun Life Financial Inc. announced a dividend increase for its common shares, now set at $0.88 per share. This dividend is payable on June 30, 2025, to shareholders recorded by May 28, 2025. The new amount marks a four-cent rise from the previous quarter.
Additionally, dividends on the company's Class A Non-Cumulative Preferred Shares have been declared and will also be paid on June 30, 2025, to shareholders recorded by May 28, 2025.
Common shares acquired under Sun Life's Canadian Dividend Reinvestment and Share Purchase Plan will be purchased through the Toronto Stock Exchange and other Canadian trading platforms.
Sun Life Financial Inc. has labeled these dividends as eligible for purposes of the Income Tax Act in Canada.
Sun Life is a major international financial services firm offering asset management, wealth, insurance, and health solutions across various markets globally. As of March 31, 2025, it reported total assets under management worth $1.55 trillion. More information can be found at sunlife.com.
Sun Life Financial Inc.'s stock is traded on the Toronto (TSX), New York (NYSE), and Philippine (PSE) exchanges under the ticker SLF.