TORONTO, May 5, 2015 /CNW/ - The Board of Directors of Sun
Life Financial Inc. (TSX: SLF) (NYSE: SLF) today announced an
increase of 6% or 2 cents per share
to its common quarterly dividend, rising to $0.38 per common share, payable on June 30, 2015 to shareholders of record at the
close of business on May 27,
2015.
The Board also announced that the following quarterly dividends
on its Class A Non-Cumulative Preferred Shares are payable on
June 30, 2015 to shareholders of
record at the close of business on May 27,
2015:
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
|
$0.271875 per
share
|
Series 10R
|
$0.24375 per
share
|
Series 12R
|
$0.26563 per
share
|
Dividends payable on June 30, 2015
to participants in the Canadian Dividend Reinvestment and Share
Purchase Plan (the "Plan") will be used to purchase common shares
from treasury at the volume weighted average market price
determined in accordance with the Plan.
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 Financial
Celebrating 150 years in 2015, Sun Life Financial is a leading
international financial services organization providing a diverse
range of protection and wealth products and services to individuals
and corporate customers. Sun Life Financial and its partners have
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 March
31, 2015 the Sun Life Financial group of companies had total
assets under management of $813
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.
SOURCE Sun Life Financial Inc. - Financial News