#Canada #Toronto #dividends #common shares #Sun Life Financial

Sun Life Increases Dividends for Common and Preferred Shares

In a recent announcement, the Board of Directors of Sun Life Financial Inc. confirmed a rise in their dividend payout for common shares, adding to shareholders' benefits. The company declared a dividend of $0.88 per common share, which marks a 4-cent increase from the previous quarter's distribution. This decision reflects Sun Life's strong performance and commitment to providing value to its shareholders. The dividend is set to be paid on June 30, 2025, to those listed as shareholders on May 28, 2025.

Apart from the common shares, Sun Life has also declared dividends for its Class A Non-Cumulative Preferred Shares, which are also due on the same date. Here’s a breakdown of the dividends for preferred shares:

• - Series 3: $0.278125 per share
• - Series 4: $0.278125 per share
• - Series 5: $0.28125 per share
• - Series 8R: $0.114063 per share
• - Series 9QR: $0.264773 per share
• - Series 10R: $0.185438 per share
• - Series 11QR: $0.312142 per share

These dividends are crucial for investors as they represent a steady return on investment while indicating the financial stability and growth potential of Sun Life. Notably, all the announced dividends are designated as eligible dividends under the Income Tax Act in Canada, providing favorable tax treatment for Canadian taxpayers.

For shareholders participating in Sun Life's Canadian Dividend Reinvestment and Share Purchase Plan, common shares will be acquired on the open market via the Toronto Stock Exchange. This move shows Sun Life’s continued strategy to promote shareholder loyalty and engagement while reinforcing its stock value in the marketplace.

Sun Life Financial Inc. operates as a prominent financial services institution providing various solutions in asset management and health insurance across various regions, including North America, Europe, and Asia. With a robust total asset management portfolio valued at approximately $1.55 trillion as of March 31, 2025, the company aims to maintain its competitive edge in the financial services industry.

For more details about Sun Life’s financial offerings, investors and interested parties can visit sunlife.com.

Contact Information: For media inquiries, parties can reach out to Sun Life via email for specific departmental contacts concerning media and investor relations.

As investors keep a close eye on financial indicators, Sun Life's recent dividend announcements are likely to influence investment strategies and perceptions within the financial markets as the company continues to thrive and adapt to economic conditions.