Sun Life Financial (SLF) Stock

SLF is set to grow given the focus on Asia operations, growing asset management businesses, as well as scaling up and integrating U.S. operations.

Sun Life Financial gets prior hold rating upgraded to a buy, as 4% dividend yield and dividend growth show sustainability & further growth potential, while shares are undervalued to peers. Q3 results show indicators of further top-line growth from insurance premiums and fees on client assets managed, while the firm's profit margin beats key peers. The firm's "A"-level credit ratings from multiple agencies and low debt-to-equity present a low risk profile for investors to consider.

Sun Life Financial Inc. (NYSE:SLF ) Q3 2024 Earnings Conference Call November 5, 2024 10:00 AM ET Company Participants David Garg - Senior Vice President, Capital Management & Investor Relations Kevin Strain - President & Chief Executive Officer Tim Deacon - Executive Vice President & Chief Financial Officer Dan Fishbein - President-Sun Life US Jacques Goulet - President-Sun Life Canada Mike Roberge - CEO, President and Executive Chairman, MFS Investment Management Steve Peacher - Executive Chair, SLC Management Randy Brown - Chief Investment Officer Manjit Singh - President, Sun Life Asia Ted Maloney - Co-Portfolio Manager & CIO, MFS Investment Management Conference Call Participants John Aiken - Jefferies Thomas MacKinnon - BMO Capital Meny Grauman - Scotiabank Gabriel Dechaine - National Bank Financial Alex Scott - Barclays Doug Young - Desjardin Capital Markets Mario Mendonca - TD Cowen Paul Holden - CIBC Lemar Prasad - Cormark Securities Darko Mihelic - RBC Capital Markets Operator Good morning and welcome to the Sun Life Financial Q3 2024 Conference Call. My name is Galene, and I will be your conference operator today.

SLF's Q3 results reflect strong business growth, increased net investment results, higher fee income and in-force business growth, offset by escalated expenses.

TORONTO , Nov. 4, 2024 /PRNewswire/ - The Board of Directors (the "Board") of Sun Life Financial Inc. (the "Company") (TSX: SLF) (NYSE: SLF) today announced that a dividend of $0.84 per share on the common shares of the Company has been declared, payable December 31, 2024 to shareholders of record at the close of business on November 27, 2024. This represents a 3 cent increase to the amount paid in the previous quarter.

Sun Life Financial Inc. ("SLF Inc."), its subsidiaries and, where applicable, its joint ventures and associates are collectively referred to as "the Company", "Sun Life", "we", "our", and "us". We manage our operations and report our financial results in five business segments: Canada, United States ("U.S."), Asset Management, Asia, and Corporate.

WELLESLEY, Mass. , Oct. 29, 2024 /PRNewswire/ -- Sun Life U.S. has been named a Top Workplace for Remote Work by Monster.com, a recognition based on employee surveys conducted by Energage, and direct information about Sun Life's employee programs and benefits.

Sun Life (SLF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

WELLESLEY, Mass. , Oct. 22, 2024 /PRNewswire/ -- Sun Life U.S. is expanding its Healthcare Professional long-term disability (LTD) coverage, which is designed to address the unique needs of healthcare providers if they are unable to work due to illness or injury.