Sun Life Financial Inc.
SLFFinancial Services · Stock · quarterly payer
Forward Yield
3.47%
Annual Dividend
$2.74
Payout Ratio
62%
5-Yr Growth
8.3%
Ex-Date
Aug 26, 2026
Frequency
Quarterly
Summary
As of August 2026, Sun Life Financial Inc. (SLF) yields 3.47% ($2.74 per share annually), with a blended fair-value estimate of $81.09 — +3% upside, so it screens as fairly valued. Dividend safety grade: B (74/100). 10 years of dividend growth.
Is SLF a good dividend stock?
Yes, with caveatsSun Life Financial Inc. (SLF) pays a quarterly dividend yielding 3.47% ($2.74/yr), with 10 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- 10 consecutive years of dividend growth
- Strong 8.3% 5-yr dividend growth
- 54% total price return over 5 years
Risks
- Cut its dividend in 2015
Key Data
- Dividend Yield
- 3.47%
- Payout Ratio
- 62%
- Annual Dividend
- $2.74
- 5-Yr Avg Growth
- 8.3%
- Ex-Dividend Date
- Aug 26, 2026
- Years of Growth
- 10
- Frequency
- quarterly
- Beta
- 0.82
- Market Cap
- $44.0B
- P/E Ratio
- 18.5
- 5-Yr Total Return
- 54%
- 52-Week Range
- —
- Dividend Safety
- B · 74/100
- Ever Cut?
- Yes (2015)
Frequently Asked Questions
SLF Price — Last 12 Months
Daily close
Price Return
1 Year
+32%
3 Years
+62%
5 Years
+54%
52-Week Range
—
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SLF worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Sun Life Financial Inc. is $81.09 per share, versus a market price of $78.98. That implies the stock is roughly fairly priced.
Fair Value
$81.09
Current Price
$78.98
Gap
+3%
Margin of Safety
3%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.4% discount rate (CAPM), 9.0% stage-1 growth, 2.5% terminal growth, $4.27 EPS, $2.74 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SLF Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 27, 2026 | — | $0.6950 | regular |
| Feb 25, 2026 | — | $0.6720 | regular |
| May 28, 2025 | — | $0.6370 | regular |
| Feb 26, 2025 | — | $0.5870 | regular |
| Nov 27, 2024 | — | $0.5980 | regular |
| Aug 28, 2024 | — | $0.6030 | regular |
| May 29, 2024 | — | $0.5940 | regular |
| Feb 27, 2024 | — | $0.5780 | regular |
| Nov 28, 2023 | — | $0.5730 | regular |
| Aug 29, 2023 | — | $0.5520 | regular |
| May 30, 2023 | — | $0.5520 | regular |
| Feb 28, 2023 | — | $0.5300 | regular |
| Nov 22, 2022 | — | $0.5350 | regular |
| Aug 23, 2022 | — | $0.5290 | regular |
Income Calculator
At $2.74 / yr per share
