Rank Sun Life Financial Inc. Preferreds

This compare tool allows you to Rank Sun Life Financial Inc. Preferreds, based on the latest stock information available. Our goal is to provide you with the information and metrics related to the Sun Life Financial Inc. preferreds. Your goal is to establish which preferred will provide you the best returns. If you are buying today, these tools will expedite and aid the selection process. Given all the data available here, an informed decision is within reach.

In a market with low volumes you can use this information to identify mispriced shares. Since all preferreds belong to the same issuer, the risk is the same for all of them.

Sun Life Financial Inc. Brief Overview

Visit the Sun Life Financial Inc. company website to see the preferred share prospectus, news and other information.

Sector: Financial Services.

Core businesses and operations:

  1. Provides insurance, retirement, and wealth-management products and services to individual and corporations
  2. Products include individual life insurance, variable annuities, group insurance and employee benefits
  3. Provides financial advice, insurance, as well as wealth and asset management solutions for individuals, groups and institutions
  4. Operates in Canada, U.S. and Asia-Pacific region

The latest information and statistics on their common stock SLF, can be easily accessed using websites like TMX Money.

Dividend Payment Schedule: 2021MAR31 , 2020JUN30 , 2020SEP30 , 2020DEC31

Ex Dividend Date Schedule: 2021FEB28 , 2020MAY28 , 2020AUG27 , 2020NOV27

 

Sun Life Financial Inc. Credit Rating

The latest credit rating for Sun Life Financial Inc. are listed in the table below. For additional information on credit rating agencies and codes see our article Credit Rating Symbols.

S&P CorporateS&P PreferredsDBRS Long TermDBRS Preferred'sS&P Global CorporateS&P Global PreferredsMoody's LongTermFitch Long TermFitch Short Term
AA AAPfd-2Aa3(High)

Sun Life Financial Inc. Common Share Metrics

Symbol: TSE:SLFCurrency: CADMarket Cap: $24,350,346,407Price: $54.67
P/E: 13.96P/B: 1.46Dividend: $0.55Yield: 4.02%
Beta: 0.7900

Sun Life Financial Inc. Overall Preferred Share Metrics

I have reviewed the full set of Sun Life Financial Inc. preferreds. Based on my review the following data points may be of interest to current and potential investors in the securities of "Sun Life Financial Inc.". In other words, this is what I think is worth highlighting in this set of preferred shares. In addition it provides a quick overview of the detailed information presented furher down this page.


Preferred issues: 10Lowest Current Yield: SLF-J @ 3.72%Highest Current Yield: SLF-I @ 4.99%Average Current Yield: 4.52%
5 Year Reset issues: 35YR Reset Lowest Reset Yield: SLF-I @ 4.07%5YR Reset Highest Reset Yield: SLF-H @ 4.18%5YR Reset Average Reset Yield: 4.11%
Lowest Rate Increase Percent: SLF-B @ 0.00%Highest Rate Increase Percent: SLF-J @ 150.0%Average Rate Increase Percent: 46.40%
Market Cap at Market Value: 1,937,220,986Market Cap at Face Value: 2,305,000,000Discount Amount: 367,779,014Discount Percent: 15.96%
Percent of Total Market Cap at Market Value: 3.09%Percent of Total Market Cap at Face Value: 2.85%



Rank Sun Life Financial Inc. Preferreds - Compare Tool.

If you need more information on how to use the metrics below, watch our video Introduction to Compare Tools or see our post how to pick the best preferred share of a company


Last Updated: Market Data Oct-21 17:59, Model Metrics Oct-21 18:01
SymbolPrice52W High52W Low
Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
Current (Yield | Dividend)
Reset (Yield | Dividend)yield and dividend for the current issue after the upcoming reset
Blended (Yield | Dividend)follow link passed the end of the table to see definition
Reset Date Y/M/DRate Increase (percent | to value )New Spread (%Increase | value)Years To Double Initial InvestmentOutstanding FloatName
SLF-G SLF.PR.G CA8667968819 $10.89$14.01$6.645YR + 1.41%04.19% | $0.456304.08% | $0.4404.17% | $0.452025JUN30130% | 4.09%056% | 2.20%16.886,217,331Sun Life Financial Inc. 2.275%, Series 8R
SLF-H SLF.PR.H CA8667968652 $15.20$17.15$8.535YR + 2.17%04.67% | $0.710004.18% | $0.6304.22% | $0.642021SEP30064% | 4.18%039% | 3.02%15.186,919,928Sun Life Financial Inc. 2.842%, Series 10R
SLF-I SLF.PR.I CA8667968322 $19.03$19.74$10.265YR + 2.73%04.99% | $0.950004.07% | $0.7704.23% | $0.802021DEC31031% | 4.07%023% | 3.38%14.2312,000,000Sun Life Financial Inc. 3.806%, Series 12R
SLF-J SLF.PR.J CA8667968736 $10.00$14.00$6.503MTH + 1.41%03.72% | $0.3703.73% | $0.37N/AFLOATING150% | 4.45%060% | 2.25%N/A4,982,669Sun Life Financial, Series 9Q
SLF-K SLF.PR.K CA8667968579 $14.67$16.91$8.743MTH + 2.17%03.83% | $0.5603.84% | $0.56N/AFLOATING070% | 4.33%041% | 3.06%N/A1,080,072Sun Life Financial, Series 11QR
SLF-A SLF.PR.A CA8667962044 $24.60$24.99$15.50PERPETUAL @ 4.75%04.84% | $1.1900N/A04.84% | $1.1900PERPETUAL001% | 4.83%N/A14.6616,000,000Sun Life Financial Inc. 4.75%, Series 1
SLF-B SLF.PR.B CA8667963034 $25.00$25.20$15.75PERPETUAL @ 4.80%04.80% | $1.2000N/A04.80% | $1.2000PERPETUAL000% | 4.8%N/A14.7813,000,000Sun Life Financial Inc. 4.80%, Series 2
SLF-C SLF.PR.C CA8667964024 $23.50$24.10$14.25PERPETUAL @ 4.45%04.72% | $1.1100N/A04.72% | $1.1100PERPETUAL006% | 4.73%N/A15.0310,000,000Sun Life Financial Inc. 4.45%, Series 3
SLF-D SLF.PR.D CA8667965013 $23.50$24.05$14.20PERPETUAL @ 4.45%04.72% | $1.1100N/A04.72% | $1.1100PERPETUAL006% | 4.73%N/A15.0312,000,000Sun Life Financial Inc. 4.45%, Series 4
SLF-E SLF.PR.E CA8667966003 $23.47$24.17$14.49PERPETUAL @ 4.50%04.81% | $1.1300N/A04.81% | $1.1300PERPETUAL006% | 4.79%N/A14.7510,000,000Sun Life Financial Inc. 4.50%, Series 5


Reset Scenarios Based on Various G.O.C. 5 Year Bond Yield Rates

The following table presents 6 scenarios, of the issues resetting based on different 5 Year Bond rates. Each scenario consists of 3 columns and grouped by color. The rates assumed for the reset are as follows:
  • Scenario 1: 5YR GOC Rate is set at -0.5%
  • Scenario 2: 5YR GOC Rate is set at 0.01%
  • Scenario 3: 5YR GOC Rate is set at 0.4%
  • Scenario 4: 5YR GOC Rate is set at 0.8%
  • Scenario 5: 5YR GOC Rate is set at 1.2%
  • Scenario 6: 5YR GOC Rate is set at 1.6%

For more information please review our video and/or post. Links available at the bottom of the page


Rank Preferreds - Compare Reset Scenarios

Last Updated: Market Data Oct-21 17:59, Model Metrics Oct-21 18:01
Credit RatingSymbolReset Date Y/M/DCurrent (Yield | Dividend)
5Yr @ -0.5%. Reset (Yield | Dividend)Scenario: 1 yield and dividend based on GOC 5yr Rate of 5Yr @ -0.5%.
5Yr @ -0.5%. Blended (Yield | Dividend)5Yr @ -0.5%. Rate Increase (percent | to value )
5Yr @ 0.01%. Reset (Yield | Dividend)Scenario: 2 yield and dividend based on GOC 5yr Rate of 5Yr @ 0.01%.
5Yr @ 0.01%. Blended (Yield | Dividend)5Yr @ 0.01%. Rate Increase (percent | to value )
5Yr @ 0.4%. Reset (Yield | Dividend)Scenario: 3 yield and dividend based on GOC 5yr Rate of 5Yr @ 0.4%.
5Yr @ 0.4%. Blended (Yield | Dividend)5Yr @ 0.4%. Rate Increase (percent | to value )
5Yr @ 0.8%. Reset (Yield | Dividend)Scenario: 4 yield and dividend based on GOC 5yr Rate of 5Yr @ 0.8%.
5Yr @ 0.8%. Blended (Yield | Dividend)5Yr @ 0.8%. Rate Increase (percent | to value )
5Yr @ 1.2%. Reset (Yield | Dividend)Scenario: 5 yield and dividend based on GOC 5yr Rate of 5Yr @ 1.2%.
5Yr @ 1.2%. Blended (Yield | Dividend)5Yr @ 1.2%. Rate Increase (percent | to value )
5Yr @ 1.6%. Reset (Yield | Dividend)Scenario: 6 yield and dividend based on GOC 5yr Rate of 5Yr @ 1.6%.
5Yr @ 1.6%. Blended (Yield | Dividend)5Yr @ 1.6%. Rate Increase (percent | to value )
Pfd2SLF-G SLF.PR.G CA8667968819 2025JUN3004.19% | $0.45632.09% | $0.2203.98% | $0.43130% | 2.09%3.26% | $0.3504.09% | $0.44130% | 3.26%4.16% | $0.4504.18% | $0.45130% | 4.16%5.07% | $0.5504.27% | $0.46129% | 5.07%5.99% | $0.6504.37% | $0.47130% | 5.99%6.91% | $0.7504.46% | $0.48130% | 6.91%
Pfd2SLF-H SLF.PR.H CA8667968652 2021SEP3004.67% | $0.71002.75% | $0.4103.03% | $0.46064% | 2.75%3.59% | $0.5403.74% | $0.56064% | 3.59%4.23% | $0.6404.29% | $0.65064% | 4.23%4.88% | $0.7404.85% | $0.73064% | 4.88%5.54% | $0.8405.41% | $0.82064% | 5.54%6.20% | $0.9405.97% | $0.90064% | 6.20%
Pfd2SLF-I SLF.PR.I CA8667968322 2021DEC3104.99% | $0.95002.93% | $0.5503.34% | $0.63031% | 2.93%3.60% | $0.6803.87% | $0.73031% | 3.60%4.11% | $0.7804.29% | $0.81031% | 4.11%4.64% | $0.8804.71% | $0.89031% | 4.64%5.16% | $0.9805.13% | $0.97031% | 5.16%5.69% | $1.0805.53% | $1.05031% | 5.69%