TORONTO, May 8, 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 $0.525 per common share, payable June 28, 2019 to shareholders of record at the
close of business on May 29,
2019.
The Board also announced that the following dividends have been
declared on the Company's Class A Non-Cumulative Preferred Shares,
payable on June 28, 2019, to
shareholders of record at the close of business on May 29, 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
Series 9QR
|
$0.142188 per
share
$0.192721 per
share
|
Series 10R
|
$0.177625 per
share
|
Series
11QR
Series 12R
|
$0.240090 per
share
$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 Financial
Sun Life Financial is a
leading international financial services organization providing
insurance, wealth and asset management solutions to individual and
corporate Clients. Sun Life Financial 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 March
31, 2019, Sun Life Financial had total assets under
management of $1,011 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:
|
Investor Relations
Contact:
|
Krista
Wilson
|
Greg
Dilworth
|
Director
|
Vice-President
|
Corporate
Communications
|
Investor
Relations
|
T. 519-888-3900 ext.
341-4896
|
T.
416-979-6230
|
krista.wilson@sunlife.com
|
investor.relations@sunlife.com
|
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SOURCE Sun Life Financial Inc.