QUOTE AND NEWS
Forbes  May 26  Comment 
Looking at the universe of stocks we cover at Dividend Channel, on 5/30/16, Norbord Inc (NYSE: OSB), Sun Life Financial Inc (NYSE: SLF), and TransAlta Corp. (NYSE: TAC) will all trade ex-dividend for their respective upcoming dividends. Norbord...
Forbes  May 11  Comment 
The Board of Directors of Sun Life Financial (NYSE: SLF) today announced an increase of 4% or 1.5 cents per share to the dividend to be paid on its common shares, rising to $0.405 per common share, payable June 30, 2016, to shareholders of record...
The Times of India  Apr 11  Comment 
Canadian financial services company Sun Life Financial Inc on Monday said it has increased its stake in Indian joint venture Birla Sun Life Insurance Co to 49% from 26%.
Reuters  Mar 23  Comment 
Sun Life Financial Inc expects to make further acquisitions in Asia, the Canadian insurer said, after agreeing on Wednesday to take full control of its Indonesian business by buying out partner CIMB Group .
newratings.com  Mar 23  Comment 
OTTAWA (dpa-AFX) - Sun Life Financial Inc. (SLF, SLF.TO) Wednesday said it will acquire remaining 51 percent of CIMB Sun Life or CSL in Indonesia from its long term parnter CIMB Group. Sun Life has been holding 49 percent of CSL and 100 percent of...




 
TOP CONTRIBUTORS

Sun Life Financial (NYSE: SLF) is a financial services firm based in Canada. SLF provides investment management, savings, pension, and health insurance products to both individual and corporate clients. As an insurance provider, SLF will seek to profit from increasing insurance demand due to the aging "baby boomer" population. In addition, the firm's large portfolio of assets make it at risk to fluctuating interest rates.

Business Overview

In the past fiscal year, Sun Life incurred declines in both revenue and net income.[1] For the current fiscal year, SLF is expecting to have low volatility and continue to have high dividend rates.[2]

Trends and Forces

Aging US Population Causes Shift in Insurance Demand

The "baby boomer" generation is heading towards retirement, which is expected to create robust demand for various insurance and wealth accumulation products. Increased longevity means that that this group will need to generate enough wealth to last decades into retirement. As a top insurance company with strong brand recognition and a diversified portfolio of products, SLF is very well positioned to take advantage of this demographic shift.

Sun Life's Portfolio is Sensitive to Interest Rate Risk.

Interest rates will affect any firm involved in any type of investment or firm that issues corporate debt or equity. Changes in the interest rate will invariably change the fundamental values of both equity and debt, since the fundamental value of debt is determined by the time weighted average of payments discounted by current short or long interest rates, and the fundamental value of equity is determined by the value of a firm today along with any projects in the future discounted by some factor over the risk free interest rate. Sun Life's large assets makes it particularly effected by the interest rate.

Competition

References

  1. SLF 2010 Annual Report
  2. Bloomberg, "Fitch Affirms Sun Life Financial Inc's Ratings; Outlook Stable," 06/22/2011
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki