Sun Life Financial Inc (SLF) to Issue Quarterly Dividend of $0.02 on December 29th
Sun Life Financial Inc (TSE:SLF) (NYSE:SLF) declared a quarterly dividend on Wednesday, November 8th, RTT News reports. Shareholders of record on Wednesday, November 29th will be paid a dividend of 0.02 per share by the financial services provider on Friday, December 29th. This represents a $0.08 annualized dividend and a yield of 0.16%. The ex-dividend date is Tuesday, November 28th.
Shares of Sun Life Financial (TSE SLF) opened at C$50.33 on Thursday. Sun Life Financial has a 52 week low of C$43.51 and a 52 week high of C$53.75.
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Several research analysts recently commented on SLF shares. National Bank Financial raised their target price on Sun Life Financial from C$53.00 to C$54.00 and gave the stock an “outperform” rating in a research report on Thursday, November 9th. TD Securities raised their target price on Sun Life Financial from C$53.00 to C$54.00 and gave the stock a “hold” rating in a research report on Thursday, November 9th. CSFB raised their target price on Sun Life Financial from C$52.00 to C$54.00 in a research report on Wednesday, November 1st. Scotiabank raised their target price on Sun Life Financial from C$52.00 to C$53.00 and gave the stock a “sector perform” rating in a research report on Friday, August 11th. Finally, Royal Bank Of Canada lifted their price objective on Sun Life Financial from C$53.00 to C$56.00 and gave the company an “outperform” rating in a report on Friday, November 10th. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Sun Life Financial presently has an average rating of “Buy” and a consensus target price of C$54.17.
Sun Life Financial Company Profile
Sun Life Financial Inc is the holding company of Sun Life Assurance Company of Canada. The Company is a financial services company providing a range of insurance, wealth and asset management solutions to individuals and corporate Clients. It operates through five segments. The Sun Life Financial Canada segment provides retail insurance and investment advice, products and services to people across Canada.
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