Sun Life Financial Inc. (SLF) To Go Ex-Dividend on May 27th

Sun Life Financial Inc. (TSE:SLF) (NYSE:SLF) declared a quarterly dividend on Wednesday, May 27th, TickerTech Dividends reports. Investors of record on Tuesday, June 30th will be paid a dividend of 0.96 per share by the financial services provider on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Wednesday, May 27th. This is a 4.3% increase from Sun Life Financial’s previous quarterly dividend of $0.92.

Sun Life Financial Stock Performance

Shares of TSE:SLF opened at C$100.98 on Monday. The stock’s fifty day simple moving average is C$92.83 and its two-hundred day simple moving average is C$88.36. Sun Life Financial has a 1-year low of C$77.38 and a 1-year high of C$101.57. The stock has a market cap of C$55.95 billion, a PE ratio of 18.80, a price-to-earnings-growth ratio of 1.33 and a beta of 0.73.

Sun Life Financial (TSE:SLF) (NYSE:SLF) last issued its quarterly earnings data on Wednesday, May 6th. The financial services provider reported C$1.89 earnings per share for the quarter. Sun Life Financial had a return on equity of 12.98% and a net margin of 9.12%.The business had revenue of C$8.73 billion for the quarter. On average, sell-side analysts forecast that Sun Life Financial will post 6.9230769 earnings per share for the current fiscal year.

About Sun Life Financial

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.