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:
- Provides insurance, retirement, and wealth-management products and services to individual and corporations
- Products include individual life insurance, variable annuities, group insurance and employee benefits
- Provides financial advice, insurance, as well as wealth and asset management solutions for individuals, groups and institutions
- 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 Corporate | S&P Preferreds | DBRS Long Term | DBRS Preferred's | S&P Global Corporate | S&P Global Preferreds | Moody's LongTerm | Fitch Long Term | Fitch Short Term | AA | AA | Pfd-2 | Aa3(High) |
|---|
Sun Life Financial Inc. Common Share Metrics
| Symbol: TSE:SLF | Currency: CAD | Market Cap: $24,350,346,407 | Price: $54.67 | P/E: 13.96 | P/B: 1.46 | Dividend: $0.55 | Yield: 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: 10 | Lowest Current Yield: SLF-J @ 3.72% | Highest Current Yield: SLF-I @ 4.99% | Average Current Yield: 4.52% | 5 Year Reset issues: 3 | 5YR 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: 1,937,220,986 | Market Cap at Face Value: 2,305,000,000 | Discount Amount: 367,779,014 | Discount 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
| Symbol | Price | 52W High | 52W 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/D | Rate Increase (percent | to value ) | New Spread (%Increase | value) | Years To Double Initial Investment | Outstanding Float | Name |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SLF-G SLF.PR.G CA8667968819 | $10.89 | $14.01 | $6.64 | 5YR + 1.41% | 04.19% | $0.4563 | 04.08% | $0.44 | 04.17% | $0.45 | 2025JUN30 | 130% | 4.09% | 056% | 2.20% | 16.88 | 6,217,331 | Sun Life Financial Inc. 2.275%, Series 8R |
| SLF-H SLF.PR.H CA8667968652 | $15.20 | $17.15 | $8.53 | 5YR + 2.17% | 04.67% | $0.7100 | 04.18% | $0.63 | 04.22% | $0.64 | 2021SEP30 | 064% | 4.18% | 039% | 3.02% | 15.18 | 6,919,928 | Sun Life Financial Inc. 2.842%, Series 10R |
| SLF-I SLF.PR.I CA8667968322 | $19.03 | $19.74 | $10.26 | 5YR + 2.73% | 04.99% | $0.9500 | 04.07% | $0.77 | 04.23% | $0.80 | 2021DEC31 | 031% | 4.07% | 023% | 3.38% | 14.23 | 12,000,000 | Sun Life Financial Inc. 3.806%, Series 12R |
| SLF-J SLF.PR.J CA8667968736 | $10.00 | $14.00 | $6.50 | 3MTH + 1.41% | 03.72% | $0.37 | 03.73% | $0.37 | N/A | FLOATING | 150% | 4.45% | 060% | 2.25% | N/A | 4,982,669 | Sun Life Financial, Series 9Q |
| SLF-K SLF.PR.K CA8667968579 | $14.67 | $16.91 | $8.74 | 3MTH + 2.17% | 03.83% | $0.56 | 03.84% | $0.56 | N/A | FLOATING | 070% | 4.33% | 041% | 3.06% | N/A | 1,080,072 | Sun Life Financial, Series 11QR |
| SLF-A SLF.PR.A CA8667962044 | $24.60 | $24.99 | $15.50 | PERPETUAL @ 4.75% | 04.84% | $1.1900 | N/A | 04.84% | $1.1900 | PERPETUAL | 001% | 4.83% | N/A | 14.66 | 16,000,000 | Sun Life Financial Inc. 4.75%, Series 1 |
| SLF-B SLF.PR.B CA8667963034 | $25.00 | $25.20 | $15.75 | PERPETUAL @ 4.80% | 04.80% | $1.2000 | N/A | 04.80% | $1.2000 | PERPETUAL | 000% | 4.8% | N/A | 14.78 | 13,000,000 | Sun Life Financial Inc. 4.80%, Series 2 |
| SLF-C SLF.PR.C CA8667964024 | $23.50 | $24.10 | $14.25 | PERPETUAL @ 4.45% | 04.72% | $1.1100 | N/A | 04.72% | $1.1100 | PERPETUAL | 006% | 4.73% | N/A | 15.03 | 10,000,000 | Sun Life Financial Inc. 4.45%, Series 3 |
| SLF-D SLF.PR.D CA8667965013 | $23.50 | $24.05 | $14.20 | PERPETUAL @ 4.45% | 04.72% | $1.1100 | N/A | 04.72% | $1.1100 | PERPETUAL | 006% | 4.73% | N/A | 15.03 | 12,000,000 | Sun Life Financial Inc. 4.45%, Series 4 |
| SLF-E SLF.PR.E CA8667966003 | $23.47 | $24.17 | $14.49 | PERPETUAL @ 4.50% | 04.81% | $1.1300 | N/A | 04.81% | $1.1300 | PERPETUAL | 006% | 4.79% | N/A | 14.75 | 10,000,000 | Sun Life Financial Inc. 4.50%, Series 5 |
Reset Scenarios Based on Various G.O.C. 5 Year Bond Yield Rates
- 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
| Credit Rating | Symbol | Reset Date Y/M/D | Current (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 ) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Pfd2 | SLF-G SLF.PR.G CA8667968819 | 2025JUN30 | 04.19% | $0.4563 | 2.09% | $0.22 | 03.98% | $0.43 | 130% | 2.09% | 3.26% | $0.35 | 04.09% | $0.44 | 130% | 3.26% | 4.16% | $0.45 | 04.18% | $0.45 | 130% | 4.16% | 5.07% | $0.55 | 04.27% | $0.46 | 129% | 5.07% | 5.99% | $0.65 | 04.37% | $0.47 | 130% | 5.99% | 6.91% | $0.75 | 04.46% | $0.48 | 130% | 6.91% |
| Pfd2 | SLF-H SLF.PR.H CA8667968652 | 2021SEP30 | 04.67% | $0.7100 | 2.75% | $0.41 | 03.03% | $0.46 | 064% | 2.75% | 3.59% | $0.54 | 03.74% | $0.56 | 064% | 3.59% | 4.23% | $0.64 | 04.29% | $0.65 | 064% | 4.23% | 4.88% | $0.74 | 04.85% | $0.73 | 064% | 4.88% | 5.54% | $0.84 | 05.41% | $0.82 | 064% | 5.54% | 6.20% | $0.94 | 05.97% | $0.90 | 064% | 6.20% |
| Pfd2 | SLF-I SLF.PR.I CA8667968322 | 2021DEC31 | 04.99% | $0.9500 | 2.93% | $0.55 | 03.34% | $0.63 | 031% | 2.93% | 3.60% | $0.68 | 03.87% | $0.73 | 031% | 3.60% | 4.11% | $0.78 | 04.29% | $0.81 | 031% | 4.11% | 4.64% | $0.88 | 04.71% | $0.89 | 031% | 4.64% | 5.16% | $0.98 | 05.13% | $0.97 | 031% | 5.16% | 5.69% | $1.08 | 05.53% | $1.05 | 031% | 5.69% |
