Canada's No. 2 life insurer Sun Life Financial on Thursday missed core profit estimates for the first time in 12 quarters, hurt by weakness in the U.S., a region where it has been expanding. The quarterly results were also affected by the sale of Sun Life UK and the end of the public health emergency in the United States, CEO Kevin Strain said in a statement. Sun Life has established more partnerships in Asia and other key regions as a part of its expansion efforts and acquired firms such as telemedicine company Dialogue Health and U.S. dental benefits company DentaQuest.
The Board of Directors (the "Board") of Sun Life Financial Inc. (the "Company") (TSX: SLF) (NYSE: SLF) today announced that a dividend of $0.81 per share on the common shares of the Company has been declared, payable June 28, 2024 to shareholders of record at the close of business on May 29, 2024. This represents a 3 cent increase to the amount paid in the previous quarter.
Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) announced its results for the first quarter ended March 31, 2024.