NEW YORK (

TheStreet

) -- The ex-dividend date for

Sun Life Financial Inc

(NYSE:

SLF

) is Monday, August 22, 2011. Owners of shares as of market close today will be eligible for a dividend of 37 cents per share. At a price of $26.12 as of 9:47 a.m. ET, the dividend yield is 5.5%.

The average volume for Sun Life Financial has been 579,800 shares per day over the past 30 days. Sun Life Financial has a market cap of $15.8 billion and is part of the

financial

sector and

insurance

industry. Shares are down 13.1% year to date as of the close of trading on Thursday.

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Sun Life Financial Inc., together with its subsidiaries, provides various life and health insurance, savings, investment management, retirement, and pension products and services to individuals and corporate customers. The company has a P/E ratio of 7.9, below the average insurance industry P/E ratio of 8.6 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Sun Life Financial as a

buy

. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full

Sun Life Financial Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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