Sun Life Ups Dividend

PHStocks 07/05/2015 0 Comments SLF, Sun Life, Sun Life Financial

Ontario–(PHStocks)–The Board of Directors of Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) (PSE: SLF) has increased by 6% or 2 cents per share its common quarterly dividend to C$0.38 per common share. The cash dividend is payable on 30 June 2015 to shareholders of record at the close of business on 27 May 2015.

The board said the following quarterly dividends on its Class A Non-Cumulative Preferred Shares are payable on 30 June 2015 to shareholders of record at the close of business on 27 May 2015.

Dividends payable on 30 June 2015 to participants in the Canadian Dividend Reinvestment and Share Purchase Plan will be used to purchase common shares from treasury at the volume weighted average market price determined in accordance with the Plan.

Sun Life Financial has designated the dividends referred to above as eligible dividends for the purposes of the Income Tax Act (Canada).

NOTE: All figures in Canadian dollars.