Sun Life Financial Stock

Sun Life Financial Dividend 2024

Sun Life Financial Dividend

3 CAD

Sun Life Financial Dividend yield

3.79 %

Ticker

SLF.TO

ISIN

CA8667961053

WKN

936039

How much dividend does Sun Life Financial 2024 pay?

According to the latest status from October 2024, Sun Life Financial paid a total of 3 CAD per share in dividends within the last 12 months. With the current Sun Life Financial price of 79.11 CAD, this corresponds to a dividend yield of 3.79 %. A dividend is paid times per year.

3.79 % Dividend Yield=
3 CAD Dividend
79.11 CAD Stock Price

Historical Sun Life Financial Dividends

A dividend is paid times per year. Last year, the payout months were March, June, September and December.

PaydateDividend
9/28/20240.81
6/29/20240.81
3/27/20240.78
12/28/20230.78
9/29/20230.75
6/30/20230.75
3/28/20230.72
12/22/20220.72
9/23/20220.69
7/1/20220.69
4/1/20220.66
12/23/20210.11
9/24/20210.55
6/25/20210.55
3/26/20210.55
12/24/20200.55
9/25/20200.55
6/26/20200.55
3/28/20200.55
12/26/20190.55
1
2
3
4
...
5

Sun Life Financial dividend history and estimates

In 2023, Sun Life Financial paid a dividend amounting to 3 CAD. Dividend means that Sun Life Financial distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
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Dividend

Dividend Overview

The dividend per year chart for Sun Life Financial provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Sun Life Financial’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Sun Life Financial's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Sun Life Financial Dividend History

DateSun Life Financial Dividend
2028e3.22 undefined
2027e3.23 undefined
2026e3.23 undefined
2025e3.22 undefined
2024e3.24 undefined
20233 undefined
20222.76 undefined
20211.76 undefined
20202.2 undefined
20192.1 undefined
20181.9 undefined
20171.75 undefined
20161.62 undefined
20151.51 undefined
20141.44 undefined
20131.44 undefined
20121.44 undefined
20111.44 undefined
20101.44 undefined
20091.44 undefined
20081.44 undefined
20071.32 undefined
20061.15 undefined
20050.99 undefined
20040.86 undefined

Is the Sun Life Financial Dividend Safe?

Sun Life Financial has been increasing the dividend for 2 years.

Over the past 10 years, Sun Life Financial has increased it by an annual 7.616 %.

Over a five-year period, the distribution increased by 9.508%.

Analysts expect a Dividend Increase of 3.862% for the current fiscal year.

Sun Life Financial dividend payout ratio

In 2023, Sun Life Financial had a payout ratio of 44.42%. The payout ratio indicates the percentage of the company's profits that Sun Life Financial distributes as dividends.
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Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Sun Life Financial represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Sun Life Financial could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Sun Life Financial's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Sun Life Financial Payout Ratio History

DateSun Life Financial Payout ratio
2028e44.74 %
2027e43.89 %
2026e44.03 %
2025e46.31 %
2024e41.34 %
202344.42 %
202253.18 %
202126.43 %
202053.66 %
201946.56 %
201846.01 %
201750.14 %
201640.2 %
201542.54 %
201450.35 %
201394.12 %
201256.03 %
2011-228.57 %
201062.61 %
2009153.19 %
2008103.6 %
200734.11 %
200631.94 %
200531.73 %
200430.82 %

Dividend Details

Understanding Sun Life Financial's Dividend Distributions

Sun Life Financial’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Sun Life Financial's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Sun Life Financial's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Sun Life Financial’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Sun Life Financial Aktienanalyse

What does Sun Life Financial do?

Sun Life Financial Inc. is a Canadian company that focuses on providing insurance, investment, and financial services. It was founded in 1865 and is now one of the largest financial services companies in the world. The history of Sun Life Financial dates back to the 19th century when it was established as the Mutual Life Insurance Company of Canada. It was one of the first life insurance companies in Canada and already emphasized the importance of service and customer orientation at that time. Over the years, the company has grown and expanded its business into various areas. Today, Sun Life Financial offers a wide range of financial services, including life insurance, retirement insurance, health insurance, risk insurance, and investment services. Sun Life Financial's business model focuses on customer care and providing products and services that meet the individual needs of customers. The company pursues a dedicated and customer-oriented approach to ensure that its customers always have access to the best available services and information. It strives to offer innovative solutions while maintaining the highest standards of integrity and responsibility. Among the various sectors in which Sun Life Financial operates, life insurance is an important segment. The company offers a wide range of life insurance products, including traditional insurance products as well as product-based insurance. It also offers specialized life insurance products such as critical illness insurance, disability insurance, accident insurance, and long-term care insurance. Another important segment of Sun Life Financial is retirement insurance. The company offers various retirement products that allow customers to plan their financial future and secure their income in retirement. These products include individual and group pension plans, pension funds, institutional investment management, retirement investment services, and consulting services. Health insurance and risk insurance are other important business areas of Sun Life Financial. The company offers a wide range of health insurance, including health insurance, dental insurance, and long-term care insurance. Risk insurance is also an important segment that includes a wide range of products, including accident insurance, disability insurance, and critical illness insurance. Finally, Sun Life Financial also offers investment services. The company manages a wide range of investment products, including mutual funds, segregated funds, bond funds, and structured products. It also provides wealth management services, including wealth accumulation and asset management services. Overall, Sun Life Financial is a leading financial services company that focuses on providing customer-centric solutions. It has long been a pioneer in introducing new products and services tailored to the specific needs of customers. The company is also committed to playing a leading role in promoting financial planning and education to ensure that its customers make the best possible decisions. Sun Life Financial is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Sun Life Financial stock

How much dividend does Sun Life Financial pay?

Over the past 12 months, Sun Life Financial paid a dividend of 3 CAD . This corresponds to a dividend yield of about 3.79 %. For the coming 12 months, Sun Life Financial is expected to pay a dividend of 3.22 CAD.

What is the dividend yield of Sun Life Financial?

The current dividend yield of Sun Life Financial is 3.79 %.

When does Sun Life Financial pay dividends?

Sun Life Financial pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Sun Life Financial?

Sun Life Financial paid dividends every year for the past 0 years.

What is the dividend of Sun Life Financial?

For the upcoming 12 months, dividends amounting to 3.22 CAD are expected. This corresponds to a dividend yield of 4.07 %.

In which sector is Sun Life Financial located?

Sun Life Financial is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Sun Life Financial kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Sun Life Financial from 9/27/2024 amounting to 0.81 CAD, you needed to have the stock in your portfolio before the ex-date on 8/28/2024.

When did Sun Life Financial pay the last dividend?

The last dividend was paid out on 9/27/2024.

What was the dividend of Sun Life Financial in the year 2023?

In the year 2023, Sun Life Financial distributed 2.76 CAD as dividends.

In which currency does Sun Life Financial pay out the dividend?

The dividends of Sun Life Financial are distributed in CAD.

Andere Kennzahlen von Sun Life Financial

Our stock analysis for Sun Life Financial Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Sun Life Financial Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.