Insider Selling: Sun Life Financial Inc (SLF) Director Sells 50,042 Shares of Stock
Sun Life Financial Inc (TSE:SLF) (NYSE:SLF) Director Dean Connor sold 50,042 shares of the firm’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of C$50.37, for a total transaction of C$2,520,615.54.
Shares of Sun Life Financial Inc (SLF) traded up C$0.20 during midday trading on Tuesday, hitting C$50.79. 825,120 shares of the stock traded hands, compared to its average volume of 1,247,829. Sun Life Financial Inc has a 1-year low of C$43.51 and a 1-year high of C$53.75.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Wednesday, November 29th will be given a $0.02 dividend. The ex-dividend date is Tuesday, November 28th. This represents a $0.08 annualized dividend and a dividend yield of 0.16%. Sun Life Financial’s dividend payout ratio (DPR) is 39.49%.
About Sun Life Financial
Sun Life Financial Inc is the holding company of Sun Life Assurance Company of Canada. The Company is a financial services company providing a range of insurance, wealth and asset management solutions to individuals and corporate Clients. It operates through five segments. The Sun Life Financial Canada segment provides retail insurance and investment advice, products and services to people across Canada.
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