TORONTO, May 10, 2016 /CNW/ - The Board of Directors of
Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) today announced an
increase of 4% or 1.5 cents per share
to the dividend to be paid on its common shares, rising to
$0.405 per common share, payable
June 30, 2016, to shareholders of
record at the close of business on June 1,
2016.
The Board also announced that the following quarterly dividends
on its Class A Non-Cumulative Preferred Shares are payable on
June 30, 2016, to shareholders of
record at the close of business on June 1,
2016:
Series 1 $0.296875
Series 2 $0.30
Series 3 $0.278125
Series 4 $0.278125
Series 5 $0.28125
Series 8R $0.142188
Series 9QR $0.116679
Series 10R $0.24375
Series 12R $0.26563
Common shares acquired under the 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 though 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 a diverse range of protection and wealth
products and services to individuals and corporate customers. 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, 2016, the Sun Life Financial group of companies had
total assets under management of $861
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.
SOURCE Sun Life Financial Inc.