Synchrony Financial Dividends and Buybacks
Dividend criteria checks 2/6
Synchrony Financial is a dividend paying company with a current yield of 1.56% that is well covered by earnings. Next payment date is on 22nd November, 2024 with an ex-dividend date of 1st November, 2024.
Key information
1.6%
Dividend yield
4.6%
Buyback Yield
| Total Shareholder Yield | 6.1% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | 2.3% |
| Next dividend pay date | 22 Nov 24 |
| Ex dividend date | 01 Nov 24 |
| Dividend per share | R$5.674 |
| Payout ratio | 13% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, S1YF34 has been paying a dividend for less than 10 years.
Growing Dividend: S1YF34'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 (S1YF34) | 1.6% |
| Market Bottom 25% (BR) | 2.9% |
| Market Top 25% (BR) | 9.4% |
| Industry Average (Consumer Finance) | 1.7% |
| Analyst forecast (S1YF34) (up to 3 years) | 1.7% |
Notable Dividend: S1YF34's dividend (1.56%) isn’t notable compared to the bottom 25% of dividend payers in the BR market (2.93%).
High Dividend: S1YF34's dividend (1.56%) is low compared to the top 25% of dividend payers in the BR market (9.45%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (13%), S1YF34's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: S1YF34's dividends in 3 years are forecast to be well covered by earnings (17.7% payout ratio).