Financial news

July 31, 2019

Sun Life declares dividends on Common and Preferred Shares payable in Q3 2019

Sun Life (CNW Group/Sun Life Financial Inc.)

TORONTO, July 31, 2019 /CNW/ - The Board of Directors (the "Board") of Sun Life Financial Inc. (the "Company") (TSX: SLF) (NYSE: SLF) today announced that a dividend of $0.525 per share on the common shares of the Company has been declared, payable September 30, 2019 to shareholders of record at the close of business on August 28, 2019. This is the same amount as paid in the previous quarter.

The Board also announced that the following dividends have been declared on the Company's Class A Non-Cumulative Preferred Shares, payable on September 30, 2019, to shareholders of record at the close of business on August 28, 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

$0.195153 per share

Series 10R

$0.177625 per share

Series 11QR

Series 12R

$0.243044 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
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 June 30, 2019, Sun Life had total assets under management of $1,025 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
Investor Relations & Capital  Management 
T. 647-256-8201 
investor.relations@sunlife.com  

SOURCE Sun Life Financial Inc.