Sun Life Financial Inc. announced the dividend rates for its Class A Non-Cumulative Rate Reset Preferred Shares Series 10R and Class A Non-Cumulative Floating Rate Preferred Shares Series 11QR, effective after September 30, 2026. For Series 10R shares, the dividend rate for the five-year period from September 30, 2026 to September 30, 2031 will be 5.519% per annum, or $0.344938 per share per quarter, based on the Government of Canada Yield plus 2.17%. For Series 11QR shares, the floating rate for the period from September 30, 2026 to December 31, 2026 will be 4.459% per annum, or $0.280978 per share, based on the T-Bill Rate plus 2.17%. Holders wishing to convert their shares must do so by 5:00 p.m. ET on September 16, 2026. The shares are not registered in the United States and may not be offered or sold there, except under certain exceptions.
Sun Life Financial Inc.Announces dividend rates for preferred shares, a routine financial event with no clear impact on common shareholders.
