As of today (2024-04-19), the Forward Annual Dividend Yield of Sun Life Financial is 4.52%.
As of today (2024-04-19), the Trailing Annual Dividend Yield of Sun Life Financial is 4.50%.
SLF's Forward Dividend Yield % is ranked better than 61.95% of 389
companies
in the Insurance industry
Industry Median: 3.79
vs SLF: 4.52
Sun Life Financial's Dividends per Share for the
three
months ended in Dec. 2023 was $0.58.
During the past 12 months, Sun Life Financial's average Dividends Per Share Growth Rate was 8.70% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 10.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 9.40% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 7.90% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sun Life Financial was 78.30% per year. The lowest was 1.60% per year. And the median was 9.00% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison
For the Insurance - Diversified subindustry, Sun Life Financial's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Sun Life Financial Forward Dividend Yield % Distribution
For the Insurance industry and Financial Services sector, Sun Life Financial's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Sun Life Financial's Forward Dividend Yield % falls into.
Sun Life Financial Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Sun Life Financial Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CAD 0.780
2024-02-27
2024-02-28
2024-03-28
Cash Dividend
quarterly
CAD:USD 0.737028
CAD 0.780
2023-11-28
2023-11-29
2023-12-29
Cash Dividend
quarterly
CAD:USD 0.735998
CAD 0.750
2023-08-29
2023-08-30
2023-09-29
Cash Dividend
quarterly
CAD:USD 0.738607
CAD 0.750
2023-05-30
2023-05-31
2023-06-30
Cash Dividend
quarterly
CAD:USD 0.735943
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Sun Life Financial's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
2.29952736
/
51.085
=
4.50 %
Current Share Price is $51.085.
Sun Life Financial's Dividends per Share for the forward twelve months is calculated as $0.57488184 * 4 = $2.29952736.
Sun Life Financial's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
2.25487278
/
51.085
=
4.41 %
Current Share Price is $51.085.
Sun Life Financial's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.25487278.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Sun Life Financial (NYSE:SLF) Forward Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Sun Life Financial Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Sun Life Financial's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Sun Life Financial (Sun Life Financial) Business Description
Sun Life provides life insurance, retirement, and asset management products to individuals and corporate customers in Canada, the United States, and Asia. The company's investment management business contributes approximately 38% of its adjusted earnings and has around CAD 1 trillion in assets under management as of the second quarter of 2023. The Canada business contributes about 32% of adjusted earnings and provides individual life and health insurance, group insurance, retirement services, and wealth management solutions. The U.S. business contributes approximately 14% of earnings and is mainly focused on providing group insurance products and managing the in-force life insurance policies. Finally, the Asia segment contributes around 16% of earnings.
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