Sun Life Financial increases common share dividend
Sun Life Financial has raised its quarterly common share dividend by four cents to $1.00 per share. The payment is scheduled for distribution on December 31, 2026.
The Board of Directors at Sun Life Financial has approved an increase in the company's common share dividend to $1.00 per share. This adjustment represents a four-cent increase over the previous quarter's payout.
The dividend will be distributed on December 31, 2026, to shareholders of record as of November 25, 2026. The company confirmed that these dividends are designated as eligible for tax purposes under the Canadian Income Tax Act.
In addition to the common share dividend, the company declared scheduled payments for its Class A Non-Cumulative Preferred Shares. With $1.68 trillion in assets under management as of September 30, 2026, Sun Life remains a major financial institution with listings on the Toronto, New York, and Philippine stock exchanges.