Synchrony Financial is a dividend paying company with a current yield of 2.24% that is well covered by earnings. Next payment date is on 15th May, 2024 with an ex-dividend date of 3rd May, 2024.
Key information
2.2%
Dividend yield
14%
Payout ratio
Industry average yield
4.5%
Next dividend pay date
15 May 24
Ex dividend date
03 May 24
Dividend per share
n/a
Earnings per share
€7.19
Dividend yield forecast in 3Y
2.7%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SFE has been paying a dividend for less than 10 years.
Growing Dividend: SFE'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
How does SFE dividend yield compare to the market?
Segment
Dividend Yield
Company (SFE)
2.2%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.7%
Industry Average (Consumer Finance)
4.5%
Analyst forecast in 3 Years (SFE)
2.7%
Notable Dividend: SFE's dividend (2.24%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: SFE's dividend (2.24%) is low compared to the top 25% of dividend payers in the German market (4.73%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (14%), SFE's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SFE's dividends in 3 years are forecast to be well covered by earnings (17.3% payout ratio).