TORONTO, Nov. 2, 2011 /CNW/ - The Board of Directors of Sun Life
Financial Inc. (TSX: SLF) (NYSE: SLF) today announced a quarterly
dividend of $0.36 per common share, payable December 30, 2011, to
shareholders of record at the close of business on November 23, 2011.
This is the same amount as paid in the previous quarter.
The Board also announced that the following quarterly dividends on its
Class A Non-Cumulative Preferred Shares are payable on December 30,
2011, to shareholders of record at the close of business on November
23, 2011: $0.296875 per Series 1 share; $0.30 per Series 2 share;
$0.278125 per Series 3 share; $0.278125 per Series 4 share; and
$0.28125 per Series 5 share.
The following quarterly dividends on its Class A Non-Cumulative Rate
Reset Preferred Shares, also payable on December 30, 2011, to
shareholders of record at the close of business on November 23, 2011:
$0.375 per Series 6R share; $0.271875 per Series 8R share; and $0.37664
per Series 10R.
Dividends payable on December 30, 2011 to participants in the Canadian
Dividend Reinvestment and Share Purchase Plan (the "Plan") will be used
to purchase common shares issued from treasury at a 2% discount to the
volume weighted average market price determined in accordance with the
Plan. This discount does not apply to common shares acquired by
participants through the optional cash purchase feature of the Plan.
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
accumulation products and services to individuals and corporate
customers. Chartered in 1865, Sun Life Financial and its partners today
have operations in key markets worldwide, including Canada, the United
States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan,
Indonesia, India, China and Bermuda. As of September 30, 2011, the Sun
Life Financial group of companies had total assets under management of
$459 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.
SOURCE Sun Life Financial Inc.
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