Synovus Financial Dividend
Dividend criteria checks 4/6
Synovus Financial is a dividend paying company with a current yield of 3.47%.
Key information
3.5%
Dividend yield
93%
Payout ratio
Industry average yield | 6.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | €1.520 |
Earnings per share | €1.66 |
Dividend yield forecast | 3.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SYU1's dividends per share have been stable in the past 10 years.
Growing Dividend: SYU1's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Synovus Financial Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (SYU1) | 3.5% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Banks) | 6.3% |
Analyst forecast (SYU1) (up to 3 years) | 3.8% |
Notable Dividend: SYU1's dividend (3.47%) is higher than the bottom 25% of dividend payers in the German market (1.59%).
High Dividend: SYU1's dividend (3.47%) is low compared to the top 25% of dividend payers in the German market (4.71%).
Current Payout to Shareholders
Earnings Coverage: With its high payout ratio (92.9%), SYU1's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SYU1's dividends in 3 years are forecast to be well covered by earnings (32.9% payout ratio).