Dividend Announcement - The Board of Directors of Sun Life Financial Inc. declared a dividend of $0.84 per share on common shares, representing a 3 cent increase from the previous quarter, payable on December 31, 2024, to shareholders of record on November 27, 2024 [1] - Dividends declared on Class A NonCumulative Preferred Shares include Series 3 at $0.278125, Series 4 at $0.278125, Series 5 at $0.28125, Series 8R at $0.114063, Series 9QR at $0.353822, Series 10R at $0.185438, and Series 11QR at $0.401712, all payable on December 31, 2024, to shareholders of record on November 27, 2024 [2] Tax Designation - The dividends declared are designated as eligible dividends for the purposes of the Income Tax Act (Canada) [3] Company Overview - Sun Life is a leading international financial services organization providing asset management, wealth, insurance, and health solutions, with operations in multiple markets worldwide, including Canada, the United States, and several Asian countries [4] - As of September 30, 2024, Sun Life had total assets under management of $1.51 trillion [4]
Sun Life increases Common Share dividend and declares dividends on Preferred Shares payable in Q4 2024