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Sun Life Financial Inc. (SLF)

NYSE - NYSE Delayed Price. Currency in USD
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46.70-0.31 (-0.66%)
At close: 04:00PM EDT
46.70 -0.01 (-0.01%)
After hours: 04:00PM EDT
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Chart Events
Neutralpattern detected
Previous Close47.01
Bid0.00 x 1800
Ask0.00 x 800
Day's Range46.14 - 46.79
52 Week Range42.83 - 58.49
Avg. Volume813,075
Market Cap27.367B
Beta (5Y Monthly)0.96
PE Ratio (TTM)9.73
Earnings DateN/A
Forward Dividend & Yield2.14 (4.61%)
Ex-Dividend DateMay 31, 2022
1y Target EstN/A
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    TORONTO (Reuters) -Sun Life Financial shares jumped on Thursday after reporting a better-than-expected second-quarter profit and announcing the sale of its U.K. business as well as an asset management partnership with the buyer, Phoenix Group Holdings. Earlier on Thursday, Canada's second-largest life insurer agreed to sell its closed business in the United Kingdom to Phoenix for 248 million pounds ($301 million), and become its strategic asset management partner, managing about C$9 billion ($7 billion) of Sun Life UK's general account. Sun Life expects to get a "good chunk" of the $25 billion Phoenix plans to deploy in North American fixed income and alternative investments over the next five years, CEO Kevin Strain said on an analyst call on Thursday.

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