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Sun Life Financial (TSX:SLF.PR.E.PFD) Dividend Yield % : 5.46% (As of Dec. 14, 2024)


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What is Sun Life Financial Dividend Yield %?

As of today (2024-12-14), the Trailing Annual Dividend Yield of Sun Life Financial is 5.46%.

Warning Sign:

Sun Life Financial Inc stock dividend yield is close to 2-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.PR.E.PFD' s Dividend Yield % Range Over the Past 10 Years
Min: 2.97   Med: 3.64   Max: 5.76
Current: 5.46

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 3.64%.

TSX:SLF.PR.E.PFD's Dividend Yield % is ranked better than
50.87% of 401 companies
in the Insurance industry
Industry Median: 3.74 vs TSX:SLF.PR.E.PFD: 5.46

Sun Life Financial's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Sun Life Financial was 0.49. The lowest was 0.38. And the median was 0.41.

As of today (2024-12-14), the Forward Dividend Yield % of Sun Life Financial is 5.46%.

Sun Life Financial's Dividends per Share for the three months ended in Sep. 2024 was C$0.00.

During the past 12 months, Sun Life Financial's average Dividends Per Share Growth Rate was 8.20% 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.

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


Sun Life Financial Dividend Yield % Historical Data

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.

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Sun Life Financial Dividend Yield % Chart

Sun Life Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
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Sun Life Financial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Sun Life Financial's Dividend Yield %

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's Dividend Yield % Distribution in the 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.



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 0.2812502024-11-272024-11-272024-12-31Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.2812502024-08-282024-08-282024-09-27Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.2812502024-05-292024-05-292024-06-28Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.2812502024-02-272024-02-282024-03-28Cash 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
=1.125/20.60
=5.46 %

Current Share Price is C$20.60.
Sun Life Financial's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$1.125.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.125/20.60
=5.46 %

Current Share Price is C$20.60.
Sun Life Financial's Dividends per Share for the forward twelve months is calculated as C$0.28125 * 4 = C$1.125.

* 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  (TSX:SLF.PR.E.PFD) 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

Thank you for viewing the detailed overview of Sun Life Financial's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


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 30% of its adjusted earnings and has around CAD 1 trillion in assets under management as of the fourth quarter of 2023. The Canada business contributes about 35% of adjusted earnings and provides individual life and health insurance, group insurance, retirement services, and wealth management solutions. The U.S. business contributed approximately 22% 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 13% of earnings.

Sun Life Financial Headlines

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