Sun Life Stock Pays 3.3%: How Much to Invest for $100 a Month in Dividends

In this piece, we’ll check in on a top-tier, but still highly underrated insurance play that might make sense to stash away for the dividend growth as well as relative stability when the market waters get really nasty.

With the Nasdaq 100 imploding more than 6% while the S&P 500 collapsed over 4% in a single trading session, just two days after the U.S.

midterm elections, it certainly feels like the AI trade is crashing viciously.

Of course, some may argue that it’s too soon in the game to call it a crash, but with the Nasdaq 100 in a full-blown correction and a bear market not all too far off, investors might wish to reconsider some of the less-tech-exposed names that were wrongfully dragged lower on a day that may have seen indiscriminate selling and more than a fair share of margin calls from those retail investors who thought it’d be a good idea to lever up.

Sun Life Financial Either way, shares of Sun Life Financial (TSX: SLF) stood out as one of the hard-hit names that’s an absolute steal after Thursday’s turbulent trade session.

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