Sun Life Financial Dividend
What is Sun Life Financial current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
4.34%
Current Dividend Yield
Dividend Yield vs Market
| Sun Life Financial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SLF) | 4.3% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 5.8% |
| Industry Average (Insurance) | 4.0% |
| Analyst forecast in 3 Years (SLF) | 4.5% |
Notable Dividend: SLF's dividend (4.34%) is higher than the bottom 25% of dividend payers in the Canadian market (1.83%).
High Dividend: SLF's dividend (4.34%) is low compared to the top 25% of dividend payers in the Canadian market (5.85%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 12/31/2025 | 2.88 | 1 |
| 12/31/2024 | 3.07 | 5 |
| 12/31/2023 | 2.92 | 9 |
| 1/28/2023 | 2.88 | 4.34 |
| 11/4/2022 | 2.88 | 4.57 |
| 8/5/2022 | 2.76 | 4.77 |
| 7/6/2022 | 2.76 | 4.75 |
| 5/11/2022 | 2.76 | 4.54 |
| 2/9/2022 | 2.64 | 3.9 |
| 11/3/2021 | 2.64 | 3.74 |
| 8/4/2021 | 2.2 | 3.3 |
| 5/5/2021 | 2.2 | 3.42 |
| 2/10/2021 | 2.2 | 3.43 |
| 11/4/2020 | 2.2 | 3.75 |
| 8/6/2020 | 2.2 | 4 |
| 5/5/2020 | 2.2 | 4.42 |
| 2/12/2020 | 2.2 | 4.54 |
| 11/6/2019 | 2.2 | 3.59 |
| 7/31/2019 | 2.1 | 3.72 |
| 5/8/2019 | 2.1 | 3.88 |
| 2/13/2019 | 2 | 3.84 |
| 11/7/2018 | 2 | 4.26 |
| 8/8/2018 | 1.9 | 3.76 |
| 5/8/2018 | 1.9 | 3.54 |
| 2/14/2018 | 1.82 | 3.43 |
| 11/8/2017 | 1.82 | 3.51 |
| 8/9/2017 | 1.74 | 3.56 |
| 5/9/2017 | 1.74 | 3.77 |
| 2/15/2017 | 1.68 | 3.46 |
| 11/9/2016 | 1.68 | 3.25 |
| 5/10/2016 | 1.62 | 3.78 |
| 2/10/2016 | 1.56 | 3.76 |
| 11/4/2015 | 1.56 | 3.73 |
| 8/5/2015 | 1.52 | 3.52 |
| 5/6/2015 | 1.52 | 3.66 |
| 2/11/2015 | 1.44 | 3.65 |
| 11/5/2014 | 1.44 | 3.53 |
| 8/7/2014 | 1.44 | 3.57 |
| 5/6/2014 | 1.44 | 3.7 |
| 2/12/2014 | 1.44 | 3.8 |
| 11/6/2013 | 1.44 | 3.89 |
| 8/7/2013 | 1.44 | 4.3 |
| 5/8/2013 | 1.44 | 4.61 |
| 2/13/2013 | 1.44 | 5.12 |
| 11/7/2012 | 1.44 | 5.24 |
| 8/8/2012 | 1.44 | 6.13 |
| 5/10/2012 | 1.44 | 6.64 |
| 2/15/2012 | 1.44 | 6.31 |
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.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.7%), SLF's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (122.8%), SLF's dividend payments are not well covered by cash flows.