Sun Life Financial Dividend
Dividend criteria checks 5/6
Sun Life Financial is a dividend paying company with a current yield of 4.13% that is well covered by earnings.
Key information
4.1%
Dividend yield
59%
Payout ratio
Industry average yield | 3.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CA$3.240 |
Earnings per share | CA$5.35 |
Dividend yield forecast | 4.5% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SLF's dividends per share have been stable in the past 10 years.
Growing Dividend: SLF's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Sun Life Financial Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (SLF) | 4.1% |
Market Bottom 25% (CA) | 1.7% |
Market Top 25% (CA) | 6.1% |
Industry Average (Insurance) | 3.3% |
Analyst forecast (SLF) (up to 3 years) | 4.5% |
Notable Dividend: SLF's dividend (4.13%) is higher than the bottom 25% of dividend payers in the Canadian market (1.74%).
High Dividend: SLF's dividend (4.13%) is low compared to the top 25% of dividend payers in the Canadian market (6.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59%), SLF's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.5%), SLF's dividend payments are well covered by cash flows.