Sun Life increases Common Share dividend and declares dividends on Preferred Shares payable in Q4 2025

Rhea-AI Summary

Sun Life Financial (TSX: SLF, NYSE: SLF) declared a common share dividend of $0.92 per share, payable December 31, 2025 to shareholders of record at the close of business on November 26, 2025. This represents a $0.04 increase versus the prior quarter.

The Board also declared quarterly dividends on Class A non-cumulative preferred share series, payable December 31, 2025 with the November 26, 2025 record date:

• Series 3: 0.278125
• Series 4: 0.278125
• Series 5: 0.281250
• Series 8R: 0.264375
• Series 9QR: 0.256529
• Series 10R: 0.185438
• Series 11QR: 0.304419

Common shares acquired under the Canadian Dividend Reinvestment and Share Purchase Plan will be purchased on the open market, and the dividends are designated as eligible dividends for Canadian tax purposes.

Positive

• Common dividend increased by $0.04 to $0.92 per share
• Dividend payable on December 31, 2025 with record date November 26, 2025
• Preferred share series dividends declared with specific per-share amounts for Q4 2025
• DRIP shares to be purchased on the open market (no issuance under the Plan)
• Dividends designated as eligible dividends for Canadian tax purposes

Negative

• Increase of $0.04 may be modest for income investors seeking larger raises
• No forward guidance or longer-term dividend policy change announced

News Market Reaction – SLF

-4.18%

2 alerts

-4.18% News Effect

-$1.44B Valuation Impact

$33.03B Market Cap

0.1x Rel. Volume

On the day this news was published, SLF declined 4.18%, reflecting a moderate negative market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $1.44B from the company's valuation, bringing the market cap to $33.03B at that time.

Data tracked by StockTitan Argus on the day of publication.

TORONTO, Nov. 5, 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 $0.92 per share on the common shares of the Company has been declared, payable December 31, 2025 to shareholders of record at the close of business on November 26, 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 December 31, 2025 to shareholders of record at the close of business on November 26, 2025:

Series 3	0.278125
Series 4	0.278125
Series 5	0.281250
Series 8R	0.264375
Series 9QR	0.256529
Series 10R	0.185438
Series 11QR	0.304419

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 September 30, 2025, Sun Life had total assets under management of $1.62 trillion. 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.

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

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

View original content to download multimedia:https://www.prnewswire.com/news-releases/sun-life-increases-common-share-dividend-and-declares-dividends-on-preferred-shares-payable-in-q4-2025-302606234.html

SOURCE Sun Life Financial Inc.

FAQ

What dividend did Sun Life (SLF) declare for common shares on November 5, 2025?

Sun Life declared a $0.92 per common share quarterly dividend, an increase of $0.04 from the prior quarter.

When is the Sun Life (SLF) common share dividend payable and what is the record date?

The common dividend is payable on December 31, 2025 to shareholders of record at the close of business on November 26, 2025.

Which Sun Life (SLF) preferred share series have dividends declared for Q4 2025 and what are the amounts?

Series 3: 0.278125; Series 4: 0.278125; Series 5: 0.281250; Series 8R: 0.264375; Series 9QR: 0.256529; Series 10R: 0.185438; Series 11QR: 0.304419.

How will Sun Life (SLF) handle common shares under its Canadian DRIP for the December 2025 dividend?

Common shares issued under the Canadian Dividend Reinvestment and Share Purchase Plan will be purchased on the open market by the Plan agent.

Are Sun Life (SLF) dividends declared on November 5, 2025 eligible for Canadian dividend tax treatment?

Yes, Sun Life designated the declared dividends as eligible dividends for the purposes of the Income Tax Act (Canada).

Does the November 5, 2025 announcement change Sun Life (SLF) long-term dividend policy?

The Board announced the quarterly dividends and an increase for common shares but did not state a change to long-term dividend policy.