Sun Life increases Common Share dividend and declares dividends on Preferred Shares payable in Q2 2025

Rhea-AI Summary

Sun Life Financial (TSX: SLF) (NYSE: SLF) has announced an increase in its quarterly dividend payment. The company declared a dividend of $0.88 per common share, representing a 4 cent increase from the previous quarter. The dividend will be payable on June 30, 2025, to shareholders of record as of May 28, 2025.

Additionally, Sun Life declared dividends on several series of its Class A Non-Cumulative Preferred Shares, with payments ranging from $0.114063 to $0.312142 per share, also payable on June 30, 2025. Common shares acquired under the company's Canadian Dividend Reinvestment and Share Purchase Plan will be purchased on the open market through various Canadian trading platforms.

AI-generated analysis. Not financial advice.

Positive

• Dividend increased by 4 cents per share to $0.88
• Consistent dividend payments across multiple share classes
• Company maintains strong dividend reinvestment program

Negative

• None.

News Market Reaction – SLF

+3.67%

1 alert

+3.67% News Effect

On the day this news was published, SLF gained 3.67%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

TORONTO, May 8, 2025 /PRNewswire/ - The Board of Directors (the "Board") of Sun Life Financial Inc. (the "Company") (TSX: SLF) (NYSE: SLF) today announced that a dividend of $0.88 per share on the common shares of the Company has been declared, payable June 30, 2025 to shareholders of record at the close of business on May 28, 2025. This represents a 4 cent increase to the amount 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 June 30, 2025 to shareholders of record at the close of business on May 28, 2025:

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

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 asset management, wealth, insurance and health solutions to individual and institutional Clients. Sun Life has operations in a number of markets worldwide, including Canada, the U.S., the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of March 31, 2025, Sun Life had total assets under management of $1.55 trillion. For more information, please visit 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

To contact Sun Life media relations, please email Media.Relations@sunlife.com
To contact Sun Life investor relations, please email Investor_Relations@sunlife.com

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SOURCE Sun Life Financial Inc.

FAQ

What is Sun Life's (SLF) new dividend amount for Q2 2025?

Sun Life's new dividend amount is $0.88 per common share for Q2 2025, representing a 4 cent increase from the previous quarter.

When is the dividend payment date for Sun Life (SLF) in Q2 2025?

The dividend payment date is June 30, 2025, for shareholders of record as of May 28, 2025.

How much did Sun Life (SLF) increase its dividend in Q2 2025?

Sun Life increased its dividend by 4 cents per share compared to the previous quarter.

What are the dividend amounts for Sun Life's preferred shares in Q2 2025?

Sun Life declared various preferred share dividends ranging from $0.114063 to $0.312142 per share for different series (3, 4, 5, 8R, 9QR, 10R, and 11QR).

How does Sun Life's Dividend Reinvestment Plan work?

Common shares under the Plan are purchased by the Plan agent on the open market through the Toronto Stock Exchange and other Canadian trading platforms.