Synchrony Financial Dividend
Dividend criteria checks 3/6
Synchrony Financial is a dividend paying company with a current yield of 2.28% that is well covered by earnings.
Key information
2.3%
Dividend yield
14%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$7.19 |
Dividend yield forecast in 3Y | 2.7% |
Recent dividend updates
Recent updates
Synchrony Financial: Finally Getting Credit
Apr 26Synchrony Financial: Charge-Offs Create Downside Risk (Rating Downgrade)
Mar 05Synchrony Financial Offers 2 Good Income Options
Jan 24Synchrony Financial: 8.9% Yielding Preferred Shares Are Attractive
Nov 20Synchrony: A Buy As Credit Deterioration Slows
Oct 06Synchrony Financial Shares Have Recovered From The Banking Crisis But Are Still Cheap
Jul 19Synchrony Financial: 9.4% Yielding Bond Mispriced From Industry Crisis
May 29Synchrony credit card net charge-offs jump in January as delinquencies tick up
Feb 14Synchrony, furniture retailer Rooms To Go renew strategic financing partnership
Jan 25Synchrony Financial: Growth And Fundamental Stability Remains In Harmony
Jan 18Synchrony credit card metrics slip in November, edging down to prepandemic levels
Dec 15Synchrony Financial credit card net charge-offs increase in October
Nov 14Synchrony Financial declares $0.23 dividend
Oct 20Synchrony expands relationship with Sycle for integrated digital payment solutions
Oct 13Synchrony Financial: To Keep Watch Before Q3 Earnings
Sep 29Synchrony Financial credit card delinquency, charge off rates climb in August
Sep 12Synchrony's credit card delinquency, charge-off rates rise in July as loans increase
Aug 15Synchrony Financial GAAP EPS of $1.60 beats by $0.16, revenue of $2.87B beats by $130M
Jul 18Synchrony Financial Lower Profits Expected In 2022, But Trades At Fair Value
Jul 07Synchrony Financial's (NYSE:SYF) Dividend Will Be US$0.22
Apr 25I Ran A Stock Scan For Earnings Growth And Synchrony Financial (NYSE:SYF) Passed With Ease
Apr 20Give Synchrony Credit For Growing Loan Balances
Apr 19Synchrony Financial: Abundant Upside Potential
Feb 25Synchrony Financial (NYSE:SYF) Will Pay A Dividend Of US$0.22
Jan 29Synchrony Financial: Sing Your Way To The Bank
Jan 13Synchrony Financial: Efficient Business At Fair Value
Oct 25Synchrony Financial (NYSE:SYF) Will Pay A Dividend Of US$0.22
Oct 25Synchrony Financial Continues To Rebound
Oct 15Synchrony Financial: Properly Positioned For 2022 (And Beyond)
Jul 23Amazon Visa Card Partnership Could Be A Win For Synchrony
Jun 13Synchrony Financial reshapes structure to get products to market faster
Jun 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SYF has been paying a dividend for less than 10 years.
Growing Dividend: SYF's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Synchrony Financial Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (SYF) | 2.3% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.6% |
Industry Average (Consumer Finance) | 2.0% |
Analyst forecast in 3 Years (SYF) | 2.7% |
Notable Dividend: SYF's dividend (2.28%) is higher than the bottom 25% of dividend payers in the US market (1.49%).
High Dividend: SYF's dividend (2.28%) is low compared to the top 25% of dividend payers in the US market (4.58%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (14%), SYF's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SYF's dividends in 3 years are forecast to be well covered by earnings (17.2% payout ratio).