Sun Life Financial Inc. (TSE:SLF) Declares $0.96 Quarterly Dividend

Sun Life Financial Inc. (TSE:SLFGet Free Report) (NYSE:SLF) announced a quarterly dividend on Wednesday, August 26th, TickerTech Dividends reports. Stockholders 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 dividend yield of 3.5%. The ex-dividend date of this dividend is Wednesday, August 26th.

Sun Life Financial Price Performance

SLF opened at C$108.80 on Monday. The firm has a market cap of C$60.57 billion, a P/E ratio of 18.44, a PEG ratio of 1.33 and a beta of 0.80. The business’s fifty day simple moving average is C$112.77 and its 200 day simple moving average is C$100.15. Sun Life Financial has a 52 week low of C$79.15 and a 52 week high of C$118.99. The company has a quick ratio of 84,866.00, a current ratio of 27.38 and a debt-to-equity ratio of 34.34.

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

Insider Transactions at Sun Life Financial

In other Sun Life Financial news, insider Manjit Singh sold 188,312 shares of the firm’s 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 C$56,450.40. This trade represents a 99.71% decrease in their ownership of the stock. Corporate insiders own 0.03% of the company’s stock.

Sun Life Financial Company Profile

(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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