Synovus Financial Dividends and Buybacks
Dividend criteria checks 5/6
Synovus Financial is a dividend paying company with a current yield of 2.71% that is well covered by earnings.
Key information
2.7%
Dividend yield
2.8%
Buyback Yield
| Total Shareholder Yield | 5.5% |
| Future Dividend Yield | 2.9% |
| Dividend Growth | 12.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.520 |
| Payout ratio | 69% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SNV.PRE's dividends per share have been stable in the past 10 years.
Growing Dividend: SNV.PRE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Synovus Financial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SNV.PRE) | 2.7% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (SNV.PRE) (up to 3 years) | 2.9% |
Notable Dividend: SNV.PRE's dividend (2.71%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: SNV.PRE's dividend (2.71%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68.8%), SNV.PRE's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SNV.PRE's dividends in 3 years are forecast to be well covered by earnings (31.9% payout ratio).