Sun Life Financial Dividend
Dividend criteria checks 5/6
Sun Life Financial is a dividend paying company with a current yield of 4.45% that is well covered by earnings.
Key information
4.4%
Dividend yield
57%
Payout ratio
Industry average yield | 4.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$5.30 |
Dividend yield forecast in 3Y | 4.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SLF.PRC's dividends per share have been stable in the past 10 years.
Growing Dividend: SLF.PRC'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.PRC) | 4.4% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.6% |
Industry Average (Insurance) | 4.0% |
Analyst forecast in 3 Years (SLF.PRC) | 4.9% |
Notable Dividend: SLF.PRC's dividend (4.45%) is higher than the bottom 25% of dividend payers in the Canadian market (1.91%).
High Dividend: SLF.PRC's dividend (4.45%) is low compared to the top 25% of dividend payers in the Canadian market (6.57%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57%), SLF.PRC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.4%), SLF.PRC's dividend payments are well covered by cash flows.