Sun Life Financial Dividend

What is Sun Life Financial current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend 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
How does SLF dividend yield compare to the market?
SegmentDividend 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

How stable has Sun Life Financial's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20252.881
12/31/20243.075
12/31/20232.929
1/28/20232.884.34
11/4/20222.884.57
8/5/20222.764.77
7/6/20222.764.75
5/11/20222.764.54
2/9/20222.643.9
11/3/20212.643.74
8/4/20212.23.3
5/5/20212.23.42
2/10/20212.23.43
11/4/20202.23.75
8/6/20202.24
5/5/20202.24.42
2/12/20202.24.54
11/6/20192.23.59
7/31/20192.13.72
5/8/20192.13.88
2/13/201923.84
11/7/201824.26
8/8/20181.93.76
5/8/20181.93.54
2/14/20181.823.43
11/8/20171.823.51
8/9/20171.743.56
5/9/20171.743.77
2/15/20171.683.46
11/9/20161.683.25
5/10/20161.623.78
2/10/20161.563.76
11/4/20151.563.73
8/5/20151.523.52
5/6/20151.523.66
2/11/20151.443.65
11/5/20141.443.53
8/7/20141.443.57
5/6/20141.443.7
2/12/20141.443.8
11/6/20131.443.89
8/7/20131.444.3
5/8/20131.444.61
2/13/20131.445.12
11/7/20121.445.24
8/8/20121.446.13
5/10/20121.446.64
2/15/20121.446.31

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.


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