Sun Life Financial (SLF) Company Overview

TORONTO, Jan. 29, 2025 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) is set to announce its financial results for the fourth quarter on Wednesday, February 12, 2025, after the markets close. A live webcast of these results will be accessible the next day, February 13, 2025, at 10:00 a.m.

WELLESLEY, Mass. and TORONTO, Jan. 23, 2025 /PRNewswire/ -- Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) has announced that it will donate $225,000 to various community organizations helping those impacted by the wildfires in California, particularly in Los Angeles County.

This Industry Outlook article features Sun Life Financial, Reinsurance Group of America, Primerica, Voya Financial, and Lincoln National.

Sun Life's stock has risen due to the expansion of its asset management services, its emphasis on operations in Asia, and the growth and integration of its U.S. business.

SLF is expected to expand due to its emphasis on operations in Asia, the increasing asset management sector, and the enhancement and integration of its U.S. operations.

Sun Life Financial has had its previous hold rating raised to a buy due to a 4% dividend yield and signs of sustainable growth, with shares being undervalued compared to competitors. The third-quarter results indicate potential for further revenue growth from insurance premiums and fees on managed client assets, and the company's profit margin surpasses that of key rivals. Additionally, the firm has strong "A" credit ratings from various agencies and a low debt-to-equity ratio, making it a low-risk option for investors.

Sun Life Financial Inc. (NYSE:SLF) will hold its Q3 2024 Earnings Conference Call on November 5, 2024, at 10:00 AM ET. Key company participants include David Garg, Kevin Strain, and Tim Deacon, among others. The call will also feature analysts from various financial institutions, and the operator for the session is Galene.

SLF's results for the third quarter show significant business growth, improved net investment returns, and higher fee income, along with growth in existing business. However, these positive factors were countered by rising expenses.

TORONTO, Nov. 4, 2024 /PRNewswire/ - Sun Life Financial Inc.'s Board of Directors has declared a dividend of $0.84 per share for its common shares. This payment will be made on December 31, 2024, to shareholders who are on record as of the end of business on November 27, 2024. This marks an increase of 3 cents compared to the previous quarter's dividend.