Sun Life Financial Inc (SLF)

[John Smith Kalk]

Sun Life shareholders are now set to obtain a total of C$ 0.66 per share as a quarterly dividend, which is a 20 per cent growth from the previously announced dividend.Following the dividend surge, its stock hit a day high of C$ 71.56 on November 8. At market close, its stock price sat at C$ 71.51 apiece, up by 1.131 per cent.On November 8, the Toronto-headquartered company announced the addition of a supplementary dividend of 11-cent per share to the earlier declared payout of C$ 0.55 per share scheduled for December 31, 2021. Its stock has climbed by almost 17 per cent in the past nine months. Further, on a year-to-date (YTD) basis, it gained more than 26 per cent. The company held a return on equity (ROE) of 15.74 per cent, while its dividend yield stood at 3.076 per cent.