Fixed or floating? Sun Life Financial (SLF) locks in a 5.519% dividend on Series 10R while Series 11QR will float at T-bill rate plus 2.17% from late 2026.
Sun Life Financial (SLF) announced dividend rates for its Series 10R and Series 11QR preferred shares. Series 10R will pay 5.519% annually from September 30, 2026, while Series 11QR will float at T-bill rate plus 2.17% starting late 2026. Conversion rights for both series expire September 16, 2026.





