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Oversold Conditions For Sun Life Financial (SLF.CA)
Friday, February 28, 12:35 PM ET, by Market News Video Staff

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...

Sun Life Financial's Preferred Shares Series 12R Yield Pushes Past 3%
Tuesday, March 3, 2:20 PM ET, by Market News Video Staff

In trading on Tuesday, shares of Sun Life Financial Inc's Class A Non-Cumulative Rate Reset ...

Sun Life Financial (SLF.CA) Shares Cross 4% Yield Mark
Monday, March 9, 3:41 PM ET, by Market News Video Staff

In trading on Monday, shares of Sun Life Financial Inc (SLF.CA) were yielding above the ...

Sun Life Financial's Preferred Shares Series 1 Yield Pushes Past 5.5%
Wednesday, March 11, 2:10 PM ET, by Market News Video Staff

In trading on Wednesday, shares of Sun Life Financial Inc's Class A Non-Cumulative Preferred Shares ...

Sun Life Financial's Preferred Shares Series 4 Yield Pushes Past 5.5%
Wednesday, March 11, 2:12 PM ET, by Market News Video Staff

In trading on Wednesday, shares of Sun Life Financial Inc's Class A Non-Cumulative Preferred Shares ...

Sun Life Financial's Preferred Series 8R Shares Cross 3% Yield Mark

By Preferred Stock Channel Staff, Tuesday, February 16, 3:36 PM ET
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In trading on Tuesday, shares of Sun Life Financial Inc's Class A Non-Cumulative Rate Reset Preferred Shares Series 8R (TSE:SLF.PRG.CA) were yielding above the 3% mark based on its quarterly dividend (annualized to $0.4563), with shares changing hands as low as $15.05 on the day. As of last close, SLF.PRG.CA was trading at a 39.40% discount to its liquidation preference amount. It should be noted that the preferred shares are convertible. Investors should keep in mind that the shares are not cumulative, meaning that in the event of a missed payment, the company does not have to pay the balance of missed dividends to preferred shareholders before resuming a common dividend.

The chart below shows the one year performance of SLF.PRG.CA shares, versus SLF.CA:

Performance Comparison Chart

Below is a dividend history chart for SLF.PRG.CA, showing historical dividend payments on Sun Life Financial Inc's Class A Non-Cumulative Rate Reset Preferred Shares Series 8R:


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In Tuesday trading, Sun Life Financial Inc's Class A Non-Cumulative Rate Reset Preferred Shares Series 8R (TSE:SLF.PRG.CA) is currently down about 0.7% on the day, while the common shares (TSE:SLF.CA) are off about 0.3%.


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