TORONTO, Nov. 6, 2019 /CNW/ - The Board of Directors (the
"Board") of Sun Life Financial Inc. (the "Company") (TSX: SLF)
(NYSE: SLF) today announced an increase of 5% or 2.5 cents per share to the dividend to be paid on
the Company's common shares, rising to $0.55 per common share, payable
December 31, 2019 to
shareholders of record at the close of business on November
27, 2019.
The Board also announced that the following dividends have been
declared on the Company's Class A Non-Cumulative Preferred Shares,
payable on December 31, 2019, to shareholders of record at the
close of business on November 27,
2019:
|
Series 1
|
$0.296875 per
share
|
|
Series 2
|
$0.30 per
share
|
|
Series 3
|
$0.278125 per
share
|
|
Series 4
|
$0.278125 per
share
|
|
Series 5
|
$0.28125 per
share
|
|
Series 8R
|
$0.142188 per
share
|
|
Series 9QR
|
$0.192066 per
share
|
|
Series 10R
|
$0.177625 per
share
|
|
Series
11QR
|
$0.239956 per
share
|
|
Series 12R
|
$0.237875 per
share
|
Common shares of the Company acquired under the Company's
Canadian Dividend Reinvestment and Share Purchase Plan (the "Plan")
will be purchased by the Plan agent on the open market through the
facilities of the Toronto Stock Exchange and through the facilities
of other Canadian stock exchanges and alternative Canadian trading
platforms.
Sun Life Financial Inc. has designated the dividends referred to
above as eligible dividends for the purposes of the Income Tax Act
(Canada).
About Sun Life
Sun Life is a leading international
financial services organization providing insurance, wealth and
asset management solutions to individual and corporate Clients. Sun
Life has operations in a number of markets worldwide, including
Canada, the United States, the United Kingdom, Ireland, Hong
Kong, the Philippines,
Japan, Indonesia, India, China,
Australia, Singapore, Vietnam, Malaysia and Bermuda. As of September 30, 2019, Sun Life had total assets
under management of $1,063 billion.
For more information please visit www.sunlife.com.
Sun Life Financial Inc. trades on the Toronto (TSX), New
York (NYSE) and Philippine (PSE) stock exchanges under the
ticker symbol SLF.
Note to editors: All figures in Canadian dollars
Media Relations Contact:
Noah Zatzman
Manager, Media & PR
Corporate Communications
T. 416-526-4208
Noah.Zatzman@sunlife.com
Investor Relations Contact:
Leigh Chalmers
Senior Vice-President, Head of Investor
Relations & Capital Management
T. 647-256-8201
investor.relations@sunlife.com
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SOURCE Sun Life Financial Inc.