In trading on Tuesday, shares of Sun Life Financial Inc's Class A Non-Cumulative Preferred Shares Series 4 (TSX: SLF-PRD.TO) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.1125), with shares changing hands as low as $20.12 on the day. As of last close, SLF.PRD was trading at a 18.72% discount to its liquidation preference amount. 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.
Free Report: Top 8%+ Dividends (paid monthly)
Institutional Holders of RNDY
Funds Holding BJK
The chart below shows the one year performance of SLF.PRD shares, versus SLF:
Below is a dividend history chart for SLF.PRD, showing historical dividend payments on Sun Life Financial Inc's Class A Non-Cumulative Preferred Shares Series 4:
Free Report: Top 8%+ Dividends (paid monthly)
In Tuesday trading, Sun Life Financial Inc's Class A Non-Cumulative Preferred Shares Series 4 (TSX: SLF-PRD.TO) is currently up about 1.2% on the day, while the common shares (TSX: SLF.TO) are off about 0.7%.
Also see:
Earnings Surprises Institutional Holders of RNDY
Funds Holding BJK
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