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Sun Life Financial posted a Q3 profit of $1.35 billion, a 54% increase, and raised its dividend.
Sun Life Financial, Canada's second-largest life insurer, reported a strong third-quarter profit of $1.35 billion, up 54% from last year.
Underlying net income rose to $1.02 billion, surpassing analyst expectations.
Growth was driven by robust performance in group benefits and increased fee income.
Assets under management grew 13% to $1.52 trillion.
The company also raised its dividend by three cents to 84 cents per share.
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Sun Life Financial registró un beneficio de Q3 de 1.350 millones de dólares, un aumento del 54%, y aumentó su dividendo.