The electromagnetic form factors for the transition of a Sigma to a Lambda hyperon at low energy are calculated using dispersion theory. In this approach we consider the two pion cut of the transition, in which the imaginary part of the form factors is written as a direct product of the of the two-pion-Sigma-Lambda amplitudes and the complex conjugate of the pion form factor. A procedure combining dispersion theory and (NLO) baryon chiral perturbation theory is also used in computing the two-pion-Sigma-Lambda amplitudes including a two pion rescattering contribution. It is also found that the inclusion of decuplet baryons in the intermediate state of the transition is necessary in order to obtain reasonable results, consistent with overall expectations. Through this approach, the electric transition form factor remains very small while the magnetic form factor depends strongly on a not well defi ned low-energy constant of the NLO Lagrangian. The predictive power of this approach will be enhanced by signi cantly constraining this constant from a measurement of the magnetic transition radius. Such a measurement can be performed at the future Facility for Antiproton and Ion Research (FAIR).