#Canada #Toronto #dividends #Financial Services #Sun Life

Sun Life Declares Dividend Increase for 2026

On May 6, 2026, Sun Life Financial Inc., a prominent player in the financial services sector, announced a significant increase in its common share dividend. The company's Board of Directors declared a dividend of $0.96 per share, which is a 4-cent increase from the previous quarter. This dividend will be payable on June 30, 2026, to shareholders who hold shares by the close of business on May 27, 2026.

In addition to the common share dividend, Sun Life also declared several dividends on its Class A Non-Cumulative Preferred Shares, which are also payable on the same date. These dividends include:

• - Series 3: $0.278125 per share
• - Series 4: $0.278125 per share
• - Series 5: $0.281250 per share
• - Series 8R: $0.264375 per share
• - Series 9QR: $0.224446 per share
• - Series 10R: $0.185438 per share
• - Series 11QR: $0.271816 per share

The increase in the dividend for common shares demonstrates Sun Life's ongoing commitment to returning value to its shareholders. The common shares acquired through its Canadian Dividend Reinvestment and Share Purchase Plan will be managed by the Plan agent, ensuring purchase through various Canadian stock exchanges.

Notably, Sun Life has designated these dividends as eligible dividends for tax purposes under the Income Tax Act (Canada), providing an added benefit to shareholders in terms of tax efficiency.

Sun Life Financial Inc. has established itself as a leading international financial services organization, specializing in asset management, wealth, insurance, and health solutions tailored to both individual and institutional clients. The company has a robust presence across various global markets, including Canada, the U.S., the U.K., and Japan among others. As of March 31, 2026, the firm reported total assets under management of $1.58 trillion.

This announcement not only reflects Sun Life's solid financial performance but also underscores its strategic focus on sustainability and growth in shareholder value. Investors can expect to benefit from the company's stable dividends as it navigates an increasingly complex financial landscape. For further information about Sun Life Financial, please visit www.sunlife.com.