Dividend information

On November 4, 2024, the Board of Directors declared a quarterly dividend of CAD $0.84 per common share. This dividend is payable on December 31, 2024 to shareholders of record on November 27, 2024.

View our dividend payment chart.

Shareholder dividends represent a portion of a company's earnings or profits that are distributed to shareholders. Dividends are paid on a per-share basis.

The Board of Directors considers various factors in determining if it is appropriate to declare a dividend, including the company's earnings, financial condition and capital requirements.

Subject to approval of the Board of Directors, quarterly dividends on our common shares are paid at the end of March, June, September and December.

For residents of Canada and the U.S., it is possible to receive your dividend payment via electronic deposit. An electronic dividend payment form is available from  TSX Trust Company.

View information about  Sun Life Financial Inc. Preferred Shares.

Refer to our preferred share dividend charts.

The prospectuses for Sun Life Financial preferred shares are available on the SEDAR website.

Canadian residents - No withholding tax is deducted.

Non-Canadian residents - It is a requirement of the Government of Canada to deduct a non-resident withholding tax from dividends paid to shareholders who reside outside of Canada. This tax is deducted from the gross amount of your dividend payment. You can receive the minimum tax withholding if you are a resident of a country that is part of a Tax Treaty and you complete a Declaration of Eligibility for Benefits under a Tax Treaty for a Non-Resident Taxpayer, NR301 Form. You can be subject to the following withholding tax rates:

• United States, United Kingdom, Philippines and Hong Kong residents: 25%. If our transfer agent has your NR301 form 15% (expires every 3 years)
• Bermuda and residents of other countries: 25% unless this amount is reduced by a tax treaty between Canada and the country where you reside

If you are a resident of the United States and our transfer agent does not have your Tax Identification Number (TIN) on file you are subject to 28% tax withholding in addition to the non-resident withholding tax indicated above.

Download and complete a copy of the W9 TIN form. Submit the form to our transfer agent in your country of residence so your future dividends will not be subject to this withholding tax.

Sun Life Financial Inc. is a "qualified foreign corporation" under the Jobs for Growth Tax Relief Reconciliation Act of 2003 by virtue of the fact that its common shares are "readily tradable on an established securities market in the United States."

Therefore, 100% of the dividends paid to U.S. individuals should be eligible for Box 1b on IRS form 1099-DIV.