Stock Purchase - SLF

Thursday, February 12, 2015 1 Comments A+ a-

Sun Life Financial (SLF) - 50 shares @ 39.38 - Yield 3.44% - P/E = 14.13

SLF was trading down almost 7% today. I picked up a few shares to add to the portfolio. This will add dividend income of $18 quarterly March, June, September and December @ 0.36/share.

Funny enough this is the same company that provides my insurance benefits. I guess that makes me a little biased in this purchase since I'm essentially giving them money every month anyways - might as well get a little of that back from dividends right?













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February 17, 2015 at 7:47 PM delete

DA,

Nice pickup on a pretty large drop. I am not familiar with Sun Life so I will have to check it out.

MDP

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