Sun Life Financial Inc. (SLF) Plans Quarterly Dividend of C$0.36
Sun Life Financial (TSE:SLF) declared a Quarterly dividend on Monday, May 26th, AR Network reports. Stockholders of record on Monday, June 30th will be given a dividend of 0.36 per share on Monday, June 30th. This represents a yield of 3.8%. The ex-dividend date of this dividend is Monday, May 26th.
A number of research firms have recently commented on SLF. Analysts at Barclays raised their price target on shares of Sun Life Financial from C$40.00 to C$41.00 in a research note on Thursday, May 8th. They now have an “equal weight” rating on the stock. On the ratings front, analysts at RBC Capital raised their price target on shares of Sun Life Financial from C$37.00 to C$38.00 in a research note on Thursday, May 8th. They now have a “sector perform” rating on the stock. Finally, analysts at CIBC raised their price target on shares of Sun Life Financial from C$40.00 to C$41.00 in a research note on Wednesday, May 7th. They now have a “sector perform” rating on the stock. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of C$38.63.
Shares of Sun Life Financial (TSE:SLF) opened at 37.12 on Monday. Sun Life Financial has a 1-year low of $29.22 and a 1-year high of $40.15. The stock’s 50-day moving average is $36.99 and its 200-day moving average is $37.42. The company has a market cap of $22.665 billion and a P/E ratio of 27.16.
Sun Life Financial (TSE:SLF) last announced its earnings results on Thursday, May 8th. The company reported $0.74 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.68 by $0.06. On average, analysts predict that Sun Life Financial will post $2.92 earnings per share for the current fiscal year.
Sun Life Financial Inc (TSE:SLF) is an international financial services organization providing a diverse range of protection and wealth accumulation products and services to individuals and corporate customers.
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