Sun Life Sets Q3 Dividend Payouts for Common and Preferred Shares

The Board of Directors also finalized dividend rates for the company’s Class A Non-Cumulative Preferred Shares, which follow the same payment and record date schedule. The declared amounts are $0.278125 per share for Series 3 and Series 4, $0.281250 for Series 5, and $0.264375 for Series 8R. Furthermore, Series 9QR shares will receive $0.235230, Series 10R will receive $0.185438, and Series 11QR is set at $0.283121 per share.

For participants in the Canadian Dividend Reinvestment and Share Purchase Plan, the company confirmed that the plan agent will acquire common shares on the open market via the Toronto Stock Exchange and other Canadian platforms. Sun Life has officially designated these distributions as eligible dividends under the Income Tax Act of Canada. All figures are reported in Canadian dollars.