SmarterDividends
SLF

Sun Life Financial Inc.

SLF

Financial Services · Stock · quarterly payer

Forward Yield

3.81%

Annual Dividend

$2.78

Payout Ratio

67%

5-Yr Growth

8.2%

Ex-Date

May 27, 2026

Frequency

Quarterly

SLF Dividend Safety Score

74/ 100
Grade B

Safe

Dividend-growth streak9 consecutive years of growth
Cut historyCut its dividend in 2015
Earnings payout coverage67% of earnings paid out
Balance-sheet strengthDebt/equity of 0.54
Yield vs its historyYield in line with its history

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

Is SLF a good dividend stock?

Yes, with caveats

Sun Life Financial Inc. (SLF) pays a quarterly dividend yielding 3.81% ($2.78/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 8.2% 5-yr dividend growth
  • 43% total price return over 5 years

Risks

  • Cut its dividend in 2015

Key Data

Dividend Yield
3.81%
Payout Ratio
67%
Annual Dividend
$2.78
5-Yr Avg Growth
8.2%
Ex-Dividend Date
May 27, 2026
Years of Growth
10
Frequency
quarterly
Beta
0.83
Market Cap
$40.4B
P/E Ratio
18.8
5-Yr Total Return
43%
52-Week Range
$56.22 – $74.16
Dividend Safety
B · 74/100
Ever Cut?
Yes (2015)
SLF ex-dividend date & scheduleNext ex-date May 27, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $2.78 / yr per share

Per payment (quarterly)$69.50
Annual$278.00
Monthly avg$23.17