Sun Life Financial (TSX:SLF) Dividend Yield %: 3.34% (As of Jun. 25, 2026) — 12% Below Median


TSX:SLF Sun Life Financial Inc TSX:SLF
78 GF Score
Price C$110.02
GF Value C$87.00
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Sun Life Financial Dividend Yield %?

Sun Life Financial TSX:SLF -0.24% 78 Dividend Yield % is 3.34% as of Jun. 25, 2026, which is 12% below its 10-year median of 3.78. GuruFocus rates TSX:SLF with a GF Score™ of 78/100 and a GF Value™ of C$87.00 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 422 Insurance companies, Sun Life Financial ranks better than 50.71% on this metric.

As of today (2026-06-25), the Trailing Annual Dividend Yield of Sun Life Financial is 3.34%.

Warning Sign:

Sun Life Financial Inc stock Dividend Yield % is close to 5-year low.

The historical rank and industry rank for Sun Life Financial's Dividend Yield % or its related term are showing as below:

TSX:SLF' s Dividend Yield % Range Over the Past 10 Years
Min: 2.97   Med: 3.78   Max: 5.76
Current: 3.34

During the past 13 years, the highest Dividend Yield of Sun Life Financial was 5.76%. The lowest was 2.97%. And the median was 3.78%.

TSX:SLF's Dividend Yield % is ranked better than
50.71% of 422 companies
in the Insurance industry
Industry Median: 3.315 vs TSX:SLF: 3.34

Sun Life Financial's Dividend Payout Ratio for the three months ended in Mar. 2026 was 0.49.

During the past 13 years, the highest Dividend Payout Ratio of Sun Life Financial was 0.57. The lowest was 0.26. And the median was 0.41.

As of today (2026-06-25), the Forward Dividend Yield % of Sun Life Financial is 3.34%.

Sun Life Financial's Dividends per Share for the three months ended in Mar. 2026 was C$0.92.

During the past 12 months, Sun Life Financial's average Dividends Per Share Growth Rate was 9.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.00% 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 0.00% per year. And the median was 8.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Sun Life Financial  (TSX:SLF) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Sun Life Financial Dividend Yield % Related Terms


Sun Life Financial Dividend Yield % Historical Data

* Premium members only.

The historical data trend for Sun Life Financial's Dividend Yield % can be seen below:

* 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 Dividend Yield % Chart

Sun Life Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.28 4.39 4.37 3.80 4.11

Sun Life Financial Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.01 3.72 4.12 4.11 4.13

TSX:SLF vs BRK.A, AIG, HIG: Dividend Yield % Comparison

For the Insurance - Diversified subindustry, Sun Life Financial's Dividend Yield %, along with its competitors' market caps and 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 Dividend Yield % vs Insurance Industry

For the Insurance industry and Financial Services sector, Sun Life Financial's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Sun Life Financial's Dividend Yield % falls into.


TSX:SLF
78GF Score
Sun Life Financial Inc TSX:SLF
Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sun Life Financial 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 0.9600002026-05-272026-05-272026-06-30Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.9200002026-02-252026-02-252026-03-31Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.9200002025-11-262025-11-262025-12-31Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.8800002025-08-272025-08-272025-09-29Cash DividendquarterlyCAD:CAD 1.000000

* 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=3.68/110.02
=3.34 %

Current Share Price is C$110.02.
Sun Life Financial's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$3.68.

Sun Life Financial's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=3.84/110.02
=3.49 %

Current Share Price is C$110.02.
Sun Life Financial's Dividends per Share for the forward twelve months is calculated as C$0.96 * 4 = C$3.84.

* 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.

Frequently Asked Questions Learn more about Dividend Yield % →
What does a Dividend Yield % of 3.34% mean?
Sun Life Financial (TSX:SLF) has a Dividend Yield % of 3.34% as of Jun. 25, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Sun Life Financial and its competitors. This is 12% below median its historical median of 3.78. Over the past decade, Sun Life Financial's Dividend Yield % has ranged from 2.97 to 5.76. According to the industry distribution chart, Sun Life Financial ranks #208 out of 422 companies in the Insurance industry, placing it in the top 49.3%.
Is Sun Life Financial's Dividend Yield % too high?
Sun Life Financial's current Dividend Yield % of 3.34% is 12% below median its 10-year median of 3.78. Over the past 10 years, this metric has ranged from a low of 2.97 to a high of 5.76. The Insurance industry median Dividend Yield % is 3.32. Sun Life Financial's value of 3.34% is 0.8% above this industry median. Based on the distribution chart, Sun Life Financial ranks #208 out of 422 companies in the Insurance industry, which is above the industry midpoint. Overall, Sun Life Financial has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sun Life Financial's Dividend Yield % compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Sun Life Financial ranks #208 out of 422 companies for Dividend Yield %. This puts Sun Life Financial in the upper half of its industry. The industry median Dividend Yield % is 3.32. Sun Life Financial's value of 3.34% is 0.8% above this benchmark. Historically, Sun Life Financial's own Dividend Yield % has ranged from 2.97 to 5.76 over the past decade. While the company's 10-year median is 3.78 vs. the industry median of 3.32, Sun Life Financial has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for an Insurance company?
The median Dividend Yield % among Insurance companies is 3.32, based on 422 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sun Life Financial's current Dividend Yield % of 3.34% is 0.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Sun Life Financial and its competitors. For the Insurance industry, the median Dividend Yield % is 3.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sun Life Financial's current Dividend Yield % is 3.34%, which is 12% below median its own 10-year median of 3.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Life Financial stock overvalued right now?
Based on GuruFocus' analysis, Sun Life Financial (TSX:SLF) is currently considered Modestly Overvalued. The stock's GF Value™ is C$87.00, compared to a current price of C$110.02 — trading 26.5% above its estimated fair value. The current Dividend Yield % is 3.34%, which is 12% below median its 10-year median of 3.78 and 0.8% above the Insurance industry median of 3.32. Sun Life Financial's overall GF Score™ is 78/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Sun Life Financial (TSX:SLF), the current Dividend Yield % is 3.34% as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sun Life Financial (TSX:SLF) Overvalued in 2026?

Based on GuruFocus' analysis, Sun Life Financial stock appears to be overvalued. The current stock price of C$110.02 is trading 26.5% above its estimated GF Value™ of C$87.00. GuruFocus considers Sun Life Financial to be Modestly Overvalued.

Key valuation signals for TSX:SLF:

  • Dividend Yield %: 3.34% (12% below median its 10-year median of 3.78)
  • GF Value™: C$87.00 vs. price of C$110.02 (26.5% above fair value)
  • GF Score™: 78/100 with 8 warning signs
  • Industry Position: 0.8% above the Insurance median (#208 of 422)

No single metric tells the full story. See the TSX:SLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sun Life Financial Business Description

Address 1 York Street, 31st Floor, Toronto, ON, CAN, M5J 0B6
Sun Life Financial is one of the Big Three Canadian life insurers. The Canadian business contributed around 35% of its 2025 adjusted earnings. In that segment, the firm provides health, life insurance, and annuity products to individual and group customers. Its US business is mostly group health and contributed about 17% of the firm's adjusted earnings in 2025. Sun Life also offers life insurance and wealth products in several Asian markets with a strong presence in Hong Kong and the Philippines. The Asia segment contributed around 18% of adjusted 2024 earnings. Its asset management business had around CAD 1.2 trillion total assets under management or administration at the end of 2025 and represents around 30% of the firm's earnings.
78GF Score

Get the complete analysis for TSX:SLF

Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$110.02
Price
C$87.00
GF Value