About Suncorp Group Limited (SNMYF) — Dividend Analysis 2026
Suncorp Group Limited provides insurance and banking products and services to retail, corporate, and commercial customers in Australia and New Zealand. The company operates through Insurance (Australia), Suncorp Bank, and Suncorp New Zealand segments. The Insurance (Australia) segment provides general insurance products and services, including home and contents, motor, marine, travel, commercial property, industrial special risk, public liability and professional indemnity, workers' compensation, and compulsory third-party products, as well as distributes life insurance products. The Suncorp Bank segment offers banking products and services, such as commercial, agribusiness, small business, and home loans; savings and transaction accounts; foreign exchange services; and treasury products and services. The Suncorp New Zealand segment provides general and life insurance products comprising home and contents, motor, commercial property, public liability and professional indemnity, life, trauma, total and permanent disablement, and income protection. The company was formerly known as Suncorp-Metway Limited and changed its name to Suncorp Group Limited in December 2010. Suncorp Group Limited was founded in 1902 and is headquartered in Brisbane, Australia.
Is SNMYF a good dividend investment in 2026?
SNMYF offers a 3.72% forward yield with a 50% payout ratio. Strand Safety Score: 100/100 (Very Safe). The 5-year dividend CAGR of 77.8% demonstrates strong, consistent growth that outpaces inflation.
SNMYF DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your SNMYF portfolio grows to $1.62M vs $895.9K without reinvestment. This is the compound interest effect in action.
SNMYF dividend growth history & forecast
SNMYF has grown its dividend by 0% over the last year and 77.8% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 3.72%.
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 SNMYF Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold SNMYF.
Gross yield
3.72%
Tax rate
15.00%
After-tax yield
3.16%
Real yield (−CPI)
0.36%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
3.72%
0.92%
$372 / yr
🇺🇸 US Taxable (15%) ✓
15%
3.16%
0.36%
$316 / yr
🇺🇸 US Taxable (20%)
20%
2.98%
0.18%
$298 / yr
🇬🇧 UK ISA
0%
3.72%
0.92%
$372 / yr
🇬🇧 UK Taxable
8.75%
3.39%
0.59%
$339 / yr
🇨🇦 TFSA
0%
3.72%
0.92%
$372 / yr
🇨🇦 CA Taxable
25%
2.79%
-0.01%
$279 / yr
🇦🇺 Super (pension)
15%
3.16%
0.36%
$316 / yr
🇦🇺 AU Taxable
30%
2.60%
-0.20%
$260 / yr
🇩🇪 DE Taxable
26.375%
2.74%
-0.06%
$274 / yr
🇫🇷 FR Taxable
30%
2.60%
-0.20%
$260 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 SNMYF Income Goal & Break-Even
Dividend Break-Even
6yr
Years for dividends to fully repay your SNMYF investment of $11.70/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$390.0K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$387.5K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in SNMYF for:
Shares needed
64,939
Capital required
$759,786
Monthly income
$2,000
Based on current dividend of $0.43/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 SNMYF Dividend Payment Schedule
SNMYF pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$0.92 / payment
$3.70 / year after tax
100 shares
$9.24 / payment
$36.96 / year after tax
1,000 shares
$92.39 / payment
$369.58 / year after tax
📊 SNMYF vs Financial Services Benchmarks
How SNMYF compares to typical Financial Services averages.
Benchmark: Financial Services
Dividend Yield▲+0.82% vs sectorBetter
SNMYF
3.72%
avg
2.90%
5Y Dividend CAGR▲+70.70% vs sectorBetter
SNMYF
77.80%
avg
7.10%
Payout Ratio▼+12.00% vs sectorBelow avg
SNMYF
50.00%
avg
38.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for SNMYF sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ SNMYF Insider Activity
No recent SEC filings reported in the last 90 days.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the SNMYF dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →