Sun Life Financial (SLF) reported Q1 underlying earnings late Thursday of 1.82 Canadian dollars (1.31) per diluted share, up from CA$1.50 a year earlier.
Analysts polled by FactSet expected CA$1.70.
As of March 31, the company had cash, cash equivalents and short-term securities of CA$617 million.
Further, the company said it increased its quarterly dividend to CA$0.88 per share from CA$0.84, payable June 30 to shareholders of record as of May 28.
Shares of the company fell 2.8% in after-hours activity.
Price: 58.28, Change: -1.66, Percent Change: -2.77
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