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.
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