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Sun Life Financial (Sun Life Financial) 5-Year Yield-on-Cost %

: 6.99 (As of Today)
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Sun Life Financial's yield on cost for the quarter that ended in Dec. 2023 was 6.99.


The historical rank and industry rank for Sun Life Financial's 5-Year Yield-on-Cost % or its related term are showing as below:

SLF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.65   Med: 5.74   Max: 9.03
Current: 6.99


During the past 13 years, Sun Life Financial's highest Yield on Cost was 9.03. The lowest was 4.65. And the median was 5.74.


SLF's 5-Year Yield-on-Cost % is ranked better than
79.1% of 402 companies
in the Insurance industry
Industry Median: 3.855 vs SLF: 6.99

Competitive Comparison

For the Insurance - Diversified subindustry, Sun Life Financial's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution

For the Insurance industry and Financial Services sector, Sun Life Financial's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Sun Life Financial's 5-Year Yield-on-Cost % falls into.



Sun Life Financial 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Sun Life Financial is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Sun Life Financial  (NYSE:SLF) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Sun Life Financial 5-Year Yield-on-Cost % Related Terms

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Sun Life Financial (Sun Life Financial) Business Description

Address
1 York Street, 31st Floor, Toronto, ON, CAN, M5J 0B6
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.