May 10, 2012 / 11:49 AM / in 6 years

Sun Life Financial profit climbs 56 pct on markets

May 10 (Reuters) - Sun Life Financial Inc profit rose 56 percent in the first quarter, helped by stronger stock markets and rising bond yields, Canada’s No. 3 life insurer said on Thursday.

Sun Life earned C$686 million ($683 million), or C$1.15 a share, compared with a year-before profit of C$438 million, or 73 Canadian cents a share.

The company maintained its quarterly dividend of 36 Canadian cents per share.

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