Sun Life Financial (SLF) reported Q1 underlying net income late Wednesday of 1.89 Canadian dollars ($1.39) per diluted share, up from CA$1.82 a year earlier.
Analysts polled by FactSet expected CA$1.88.
The board increased its quarterly dividend to CA$0.96 per share from CA$0.92, payable June 30 to shareholders of record on May 27.