Sun Life Financial Dividend
Dividend criteria checks 5/6
Sun Life Financial is a dividend paying company with a current yield of 4.42% that is well covered by earnings.
Key information
4.4%
Dividend yield
57%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$5.30 |
| Dividend yield forecast in 3Y | 4.8% |
Recent dividend updates
Recent updates
Sun Life Financial: A Safe, Long-Term Dividend Grower
Apr 21Sun Life Has Approached Its Fair Value, Still A Solid Income Pick
Jan 17Sun Life Financial: Neutral Rating Maintained, A 5% Dividend Yield Quick Pick
Nov 01A Sizzling 4% Dividend Yield At Sun Life, But Valuation Overheated
Jul 24Sun Life Financial: Growth Consistent With My Original Thesis
Feb 24Sun Life Financial declares CAD 0.72 dividend
Feb 08Sun Life unit to be exclusive insurance provider for Dah Sing Bank customers in Hong Kong
Jan 20Sun Life Financial to redeem $400M of subordinated debentures
Sep 26Sun Life Financial to pick up majority stake in Advisors Asset Management for $214M
Sep 01Sun Life Financial: A No-Brainer Buy
Aug 21Sun Life Financial declares CAD 0.69 dividend
Aug 03Sun Life Financial: This High-Dividend Insurer Can Thrive In A High-Rate Environment
Apr 28Sun Life: A Top Dividend Pick For 2022
Jan 24Sun Life Financial: Expanding The U.S. Platform With Dentaquest Acquisition
Oct 18Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SLF) | 4.4% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Insurance) | 1.9% |
| Analyst forecast in 3 Years (SLF) | 4.8% |
Notable Dividend: SLF's dividend (4.42%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: SLF's dividend (4.42%) is low compared to the top 25% of dividend payers in the US market (4.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57%), SLF's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.4%), SLF's dividend payments are well covered by cash flows.