Sun Life Financial Inc. (SLF) to Issue Quarterly Dividend of $0.96 on September 29th

Sun Life Financial Inc. (TSE:SLFGet Free Report) (NYSE:SLF) declared a quarterly dividend on Wednesday, August 26th, TickerTech Dividends reports. Shareholders of record on Tuesday, September 29th will be paid a dividend of 0.96 per share by the financial services provider on Tuesday, September 29th. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date is Wednesday, August 26th.

Sun Life Financial Stock Performance

SLF stock opened at C$108.80 on Monday. The company has a market capitalization of C$60.57 billion, a PE ratio of 18.44, a P/E/G ratio of 1.33 and a beta of 0.80. The firm’s 50-day moving average is C$112.77 and its 200 day moving average is C$100.15. Sun Life Financial has a 12 month low of C$79.15 and a 12 month high of C$118.99. The company has a debt-to-equity ratio of 34.34, a current ratio of 27.38 and a quick ratio of 84,866.00.

Sun Life Financial (TSE:SLFGet Free Report) (NYSE:SLF) last posted its quarterly earnings results on Thursday, August 6th. The financial services provider reported C$2.02 earnings per share for the quarter. Sun Life Financial had a net margin of 8.81% and a return on equity of 13.89%. The firm had revenue of C$9.05 billion during the quarter. On average, research analysts anticipate that Sun Life Financial will post 6.9230769 EPS for the current year.

Insiders Place Their Bets

In other news, insider Manjit Singh sold 188,312 shares of the stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of C$103.20, for a total value of C$19,433,798.40. Following the transaction, the insider directly owned 547 shares of the company’s stock, valued at approximately C$56,450.40. This represents a 99.71% decrease in their ownership of the stock. Insiders own 0.03% of the company’s stock.

About Sun Life Financial

(Get Free Report)

Sun Life Financial is one of Canada’s Big Three life insurance companies along with Great-West Lifeco and Manulife. Sun Life provides insurance, retirement, and wealth-management services to individual and corporate customers in Canada, the United States, and Asia. It also owns MFS Investment Management, a Boston-based asset-management firm. Sun Life generates about a third of its profit from asset-management operations.

See Also

Dividend History for Sun Life Financial (TSE:SLF)

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