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Sun Life Financial Inc., a financial services company, provides insurance, wealth, and asset management solutions to individuals and corporate clients worldwide. It offers term and permanent life, as well as personal health, dental, critical illness, long-term care, and disability insurance products. The company also provides reinsurance products; investment counselling and portfolio management services; mutual funds and segregated funds; trust and banking services; real estate property brokerage and appraisal services; and merchant banking services. It distributes its products through direct sales agents, managing and independent general agents, financial intermediaries, broker-dealers, banks, pension and benefits consultants, and other third-party marketing organizations. The company was founded in 1871 and is headquartered in Toronto, Canada.

Sun Life Financial Dividend Announcement

Sun Life Financial announced a quarterly dividend of $0.62 per ordinary share which will be made payable on 2024-12-31. Ex dividend date: 2024-11-27
Sun Life Financial annual dividend for 2024 was $1.82
Sun Life Financial annual dividend for 2023 was $2.22
Sun Life Financial's trailing twelve-month (TTM) dividend yield is 4.3%
Sun Life Financial's payout ratio for the trailing twelve months (TTM) is 51.91%
Sun Life Financial's dividend growth over the last five years (2018-2023) was 8.65% year
Sun Life Financial's dividend growth over the last ten years (2013-2023) was 7.46% year

Sun Life Financial Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-27$0.62quarterly2024-12-31
2024-08-28$0.60quarterly2024-09-27
2024-05-29$0.59quarterly2024-06-28
2023-11-28$0.57quarterly2023-12-29
2023-08-29$0.55quarterly2023-09-29
2023-05-30$0.55quarterly2023-06-30
2023-02-28$0.54quarterly2023-03-31
2022-11-22$0.53quarterly2022-12-30
2022-08-23$0.54quarterly2022-09-29
2022-05-31$0.55quarterly2022-06-30
2022-03-01$0.52quarterly2022-03-31
2021-11-23$0.53quarterly2021-12-31
2021-08-24$0.44quarterly2021-09-29
2021-05-25$0.45quarterly2021-06-30
2021-02-26$0.44quarterly2021-03-31
2020-11-24$0.42quarterly2020-12-31
2020-08-25$0.41quarterly2020-09-30
2020-02-28$0.41quarterly2020-03-31
2019-11-26$0.41quarterly2019-12-31
2019-08-27$0.40quarterly2019-09-30
2019-05-28$0.39quarterly2019-06-28
2019-02-28$0.38quarterly2019-03-29
2018-11-27$0.38quarterly2018-12-31
2018-08-28$0.37quarterly2018-09-28
2018-05-29$0.37quarterly2018-06-29
2018-02-28$0.36quarterly2018-03-29
2017-11-28$0.36quarterly2017-12-29
2017-08-28$0.43quarterly2017-09-29
2017-03-01$0.32quarterly2017-03-31
2016-11-28$0.31quarterly2016-12-30
2016-08-29$0.31quarterly2016-09-30
2016-05-31$0.31quarterly2016-06-30
2016-02-29$0.29quarterly2016-03-31
2015-11-23$0.29quarterly2015-12-31
2015-08-24$0.29quarterly2015-09-30
2015-05-22$0.33quarterly2015-06-30
2015-02-23$0.29quarterly2015-03-31
2014-11-24$0.36quarterly2014-12-31
2014-08-25$0.36quarterly2014-09-30
2014-02-26$0.36quarterly2014-03-31
2013-11-25$0.36quarterly2013-12-31
2013-08-26$0.36quarterly2013-09-30
2013-05-24$0.36quarterly2013-06-28

Sun Life Financial Dividend per year

Sun Life Financial Dividend growth

Sun Life Financial Dividend Yield

Sun Life Financial current trailing twelve-month (TTM) dividend yield is 4.3%. Interested in purchasing Sun Life Financial stock? Use our calculator to estimate your expected dividend yield:

Sun Life Financial Financial Ratios

P/E ratio13.00
PEG ratio11.89
P/B ratio1.96
ROE15.69%
Payout ratio51.91%
Current ratio156.83
Quick ratio156.83
Cash Ratio57.08

Sun Life Financial Dividend FAQ

How much is the next Sun Life Financial dividend?
Sun Life Financial's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sun Life Financial dividend. The next Sun Life Financial dividend will be released in February, May, August, or November.
When is Sun Life Financial dividend paid?
Sun Life Financial pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Sun Life Financial pay?
The specific amount of Sun Life Financial dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Sun Life Financial's dividend history.
Does Sun Life Financial stock pay dividends?
Yes, Sun Life Financial does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Sun Life Financial's dividend history.
How much dividend does Sun Life Financial pay?
Sun Life Financial paid $1.817 in 2024, $2.218 in 2023, $2.133 in 2022, $1.859 in 2021, and $1.241 in 2020.
How often does Sun Life Financial pay dividends?
Sun Life Financial typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Sun Life Financial's dividend yield?
The current dividend yield for Sun Life Financial is 4.3%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Sun Life Financial's exact dividend yield.
When does Sun Life Financial go ex dividend?
Sun Life Financial's ex-dividend date for the latest dividend was on 2024-11-27. Sun Life Financial typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Sun Life Financial dividend paid?
Sun Life Financial pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Sun Life Financial increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Sun Life Financial will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Sun Life Financial dividend per share?
Sun Life Financial paid $1.817 per share in 2024 and $2.218 per share in 2023. The amount of dividend per share that Sun Life Financial pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Sun Life Financial a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Sun Life Financial a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Sun Life Financial a dividend stock?
Yes, Sun Life Financial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sun Life Financial a good dividend stock?
Whether Sun Life Financial is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sun Life Financial has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Sun Life Financial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Sun Life Financial pay dividends monthly?
Sun Life Financial typically pays dividends on a quarterly basis.
Does Sun Life Financial pay dividends quarterly?
Sun Life Financial currently pays dividends on a quarterly basis.
Has Sun Life Financial ever paid a dividend?
Yes, Sun Life Financial has a history of paying dividends to its shareholders. Sun Life Financial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sun Life Financial dividend stocks?
To buy Sun Life Financial you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Sun Life Financial stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Sun Life Financial pay dividends 2024?
Sun Life Financial pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-31. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Sun Life Financial increase its dividend in 2024?
Decisions regarding Sun Life Financial dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Sun Life Financial dividend overview you can look into the above table of dividend history.
How Sun Life Financial dividend works?
The Sun Life Financial dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Sun Life Financial's dividend process works:

1. Determination of Dividend: Sun Life Financial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Sun Life Financial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Sun Life Financial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Sun Life Financial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Sun Life Financial dividends paid?
Sun Life Financial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Sun Life Financial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Sun Life Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Sun Life Financial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Sun Life Financial pay dividends?
Sun Life Financial typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Sun Life Financial pay dividends?
The general pattern is that Sun Life Financial pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Sun Life Financial dividend safe?
The safety of Sun Life Financial's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Sun Life Financial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Sun Life Financial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.