Sun Life Financial Inc. (SLF) To Go Ex-Dividend on August 26th

Posted by Alanna Baker on Aug 8th, 2026

Sun Life Financial Inc. (NYSE:SLF – Get Free Report) (TSE:SLF) announced a quarterly dividend on Thursday, August 6th. Stockholders of record on Wednesday, August 26th will be given a dividend of 0.96 per share by the financial services provider on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend is Wednesday, August 26th.

Sun Life Financial has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 11 years. Sun Life Financial has a payout ratio of 49.8% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Sun Life Financial to earn $6.11 per share next year, which means the company should continue to be able to cover its $2.82 annual dividend with an expected future payout ratio of 46.2%.

Sun Life Financial Stock Performance

NYSE:SLF opened at $81.95 on Friday. Sun Life Financial has a one year low of $56.22 and a one year high of $84.38. The stock has a market cap of $45.67 billion, a PE ratio of 19.15 and a beta of 0.88. The stock has a 50 day moving average price of $78.88 and a 200 day moving average price of $70.95.

Sun Life Financial (NYSE:SLF – Get Free Report) (TSE:SLF) last posted its earnings results on Thursday, August 6th. The financial services provider reported $1.46 EPS for the quarter, beating analysts’ consensus estimates of $1.39 by $0.07. Sun Life Financial had a net margin of 7.66% and a return on equity of 17.99%. The company had revenue of $10.10 billion for the quarter, compared to analysts’ expectations of $994.33 million. As a group, analysts predict that Sun Life Financial will post 5.69 earnings per share for the current fiscal year.

Key Sun Life Financial News

Here are the key news stories impacting Sun Life Financial this week:

Positive Sentiment: Q2 earnings beat expectations. Sun Life reported earnings of $1.46 per share, up from $1.29 a year earlier and ahead of the $1.39 consensus estimate. Revenue was reported at $10.10 billion, while management highlighted double-digit underlying net income growth and an underlying return on equity of 19.1%. Sun Life Reports Second Quarter 2026 Results
Positive Sentiment: Growth was geographically broad. Strong performance in Canada, the United States and Asia, including insurance growth and asset gains, suggests momentum is not dependent on a single market. This supports the outlook for earnings and capital generation. SLF Q2 Earnings Beat Estimates on Strong Insurance Growth
Positive Sentiment: Dividend supports income appeal. Sun Life declared a quarterly common-share dividend of $0.96, payable September 29 to shareholders of record August 26. The payment implies an annualized dividend of $3.84 and a yield of approximately 4.7%. Sun Life declares dividends on Common and Preferred Shares
Neutral Sentiment: Board leadership will change in 2027. Joseph Natale is expected to succeed Scott Powers as board chair after the May 2027 annual meeting. The planned transition appears orderly, but investors may monitor whether it affects long-term strategy. Sun Life announces Chair succession
Neutral Sentiment: The dividend was held steady. While the 4.7% yield remains attractive, the lack of an increase may limit the immediate boost for dividend-growth investors.

Sun Life Financial Company Profile

(Get Free Report)

Sun Life Financial Inc, founded in 1865 and headquartered in Toronto, Ontario, is an international financial services organization that provides a range of insurance, wealth management and asset management solutions. The company serves individual and institutional clients, offering products designed to protect against life and health risks, help clients save for retirement, and manage investments on behalf of customers and third parties.

Core business activities include life and health insurance, group benefits for employers, retirement and pension products, and wealth management services such as mutual funds and segregated fund solutions.